$USD1
USD1 is a fiat-pegged stablecoin issued by World Liberty Financial (WLFI), designed to be redeemable 1:1 with the U.S. dollar. It’s backed by short-term U.S. Treasury bills, cash, and equivalents, aiming for minimal price fluctuation.
📊 Price Behavior
The live price sits very close to its peg at ≈ 1 USD, with only tiny fluctuations typical for stablecoins. This indicates the peg is currently functioning as intended.
📈 Market Adoption and Liquidity
Binance has integrated USD1 deeply into its platform:
Zero-fee trading pairs against major assets (BTC, ETH, BNB, SOL, etc.).
Conversion of the old Binance BUSD reserves into USD1 as core internal collateral.
Market cap is in the multi-billion-dollar range, ranking USD1 among the larger stablecoins globally — driven largely by trading volume and Binance support.
🚀 Incentives and Growth Drivers
Binance has introduced aggressive incentive programs:
High-yield (up to ~20% APR) deposit products and reward campaigns tied to USD1 holdings. These have significantly increased circulating supply and trading interest.
A multi-million dollar airdrop program aimed at USD1 holders has further boosted demand.