World Liberty Financial a UltraYield spustily nový výnosový vault pro USD1, který spravuje Edge Capital a cílí na tržně neutrální výnosy bez směrového rizika. Objem USD1 v oběhu už přesáhl 4 miliardy USD.
USD1 Vault Goes Live With Institutional StrategyWorld Liberty Financial and UltraYield have joined forces to launch a new yield vault built around USD1, World Liberty Financial's dollar-pegged stablecoin, as the base asset. The vault is managed by Edge Capital and targets market-neutral returns across crypto markets, insulating investors from directional price risk.
USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents, with custody handled by BitGo. The stablecoin has surpassed $4 billion in circulation since its launch in March 2025, reflecting growing institutional appetite for the asset.
How the Strategy WorksThe vault employs basis trading and funding rate capture, operating across a mix of traditional finance, centralised finance, and decentralised finance venues. According to UltraYield, execution runs across three platforms: Binance, Bybit, and Hyperliquid. This multi-venue approach is designed to harvest persistent yield from funding rate differentials and price dislocations without taking on naked directional exposure.
The strategy is a market-neutral macro approach utilising DeFi protocols, with a core focus on market-making while hedged for directional risk, combined with opportunistic trades including funding rate basis trades, cross-chain arbitrage, and inverse funding rate trades.
Edge Capital is a crypto hedge fund and liquidity provider to early-stage protocols, with DeFi and CeFi trading expertise and a market-neutral approach, managing capital for institutional investors and leading crypto foundations since 2020. The firm currently oversees around $300 million in assets under management, according to UltraYield.
The pairing of a regulated, treasury-backed stablecoin with a market-neutral institutional strategy signals a broader push to bring structured yield products to DeFi, one that bridges the gap between traditional finance discipline and on-chain capital markets.
Sources:
World Liberty Financial: USD1 Launch Announcement (BusinessWire)
World Liberty Financial Launches USD1 on Canton Network (CFOtech)
Edge Capital Background (CoinDesk)
World Liberty Financial spustila USD1 nativně na Canton Network, aby instituce mohly vypořádávat tokenizovaná reálná aktiva. Stablecoin s kapitalizací asi 4,05 miliardy USD je šestý největší na trhu.
World Liberty Financial launches USD1 natively on Canton NetworkLatest NewsPublishedAug 25, 2026
USD1 is the sixth-largest stablecoin, with a market capitalization of more than $4 billion, according to industry data.
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
The stablecoin can be used as the cash leg for transactions including derivatives collateral, institutional lending, asset issuance and redemptions, according to a Tuesday announcement.
Native issuance allows USD1 to settle alongside tokenized assets in the same transaction while using Canton’s privacy and permissioning controls.
USD1 has a market capitalization of about $4.05 billion, making it the sixth-largest stablecoin, according to DeFiLlama data. The stablecoin is issued by BitGo Bank & Trust, which manages its reserves and processes mints and redemptions, according to World Liberty.
World Liberty Financial is a Trump family-backed crypto venture launched in 2024. USD1 debuted in March 2025 and is backed by reserves including short-term US Treasurys, government money market funds and dollar deposits, according to the company.
Canton, a public, permissionless blockchain designed for institutional finance, says it processes and issues more than $9 trillion in tokenized assets each month, with more than $350 billion in onchain US Treasurys moving across the network daily.
The integration follows another Canton expansion announced last week, when Digital Asset and former US House Speaker Paul Ryan’s American Idea Foundation unveiled plans to pilot a Canton-based system for distributing state-administered benefits across three US states beginning in 2027.
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World Liberty Financial uvedla, že cirkulace USD1 přesáhla 4 miliardy USD. CEO Zach Witkoff tvrdí, že růst táhne institucionální poptávka, ne vazby na Trumpovu rodinu.
TLDR World Liberty Financial says USD1 stablecoin circulation has topped $4 billion, driven by institutional demand. CEO Zach Witkoff denies that political ties to the Trump family fueled the growth. MGX used USD1 for its $2 billion Binance investment in 2025, an early institutional use case. The OCC gave preliminary approval for a related trust bank on August 14. Lawmakers continue to question foreign ownership links tied to the company. World Liberty Financial says its USD1 stablecoin has grown past $4 billion in circulation. The company’s CEO, Zach Witkoff, says the growth reflects real demand rather than political favors.
Witkoff made the comments after CNBC reported on the story on August 25. He said USD1’s growth shows the token is being used regardless of any ties to President Donald Trump’s administration.
The comments came shortly after federal regulators gave early approval for a new trust bank tied to the company.
How USD1 Has Grown Since Launch USD1 launched in March 2025. It is a dollar backed digital token, meaning each coin is supposed to be backed by cash and similar safe assets held at financial institutions.
The token became one of the larger dollar backed cryptocurrencies in the market. Its early growth was tied closely to one large deal.
Abu Dhabi backed investment fund MGX used USD1 to complete a $2 billion investment in the crypto exchange Binance in May 2025. Witkoff announced the deal at a conference in Dubai, calling USD1 the official settlement token for the transaction.
That single deal gave USD1 a boost in credibility. But it also tied much of its supply to one exchange.
A Forbes report from February, based on data from Arkham Intelligence, found that wallets linked to Binance and its customers held close to $4.7 billion in USD1. That made up about 87 percent of the token’s total supply at the time.
Circulation has since dropped below that peak level. World Liberty Financial says it remains above $4 billion today.
The stablecoin is currently available on several exchanges, including Coinbase, Kraken, and Crypto.com.
Regulatory Approval and Political Questions On August 14, the Office of the Comptroller of the Currency gave preliminary conditional approval to World Liberty Trust Company. The application had been filed by WLTC Holdings LLC back in January.
Under the proposed structure, the trust would issue and redeem USD1 tokens. It would also manage reserves and provide custody services, work currently handled by BitGo.
The trust would not offer retail banking services. It would not take deposits, offer checking accounts, or issue loans.
Political scrutiny of the company has grown alongside its business. According to Reuters, a firm connected to the Trump family controls 38 percent of World Liberty Financial’s parent company.
Zach Witkoff is the son of Steve Witkoff, who serves as a Trump envoy and is also an emeritus founder of the crypto company.
The White House has said Trump’s business assets are held in a trust controlled by his children. It has also said Trump is not personally managing World Liberty Financial while in office.
Scrutiny increased further after reports that an investment vehicle called Aryam Investment 1 took a 49 percent stake in World Liberty Financial for $500 million. That vehicle is backed by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, who also chairs MGX.
In June, Democratic senators called for hearings into the deal. They want to know whether it played any role in decisions about selling weapons or advanced AI chips to other countries.
The OCC has said foreign investors cannot serve as principal shareholders of the proposed bank. Several investors reportedly signed agreements limiting their control over the bank’s operations to address that requirement.
For now, World Liberty Financial says USD1 remains above the $4 billion mark, and the trust bank application continues moving through the federal approval process.
Public Citizen uvedl, že Trump a jeho rodina od roku 2022 nechali investory v digitálních aktivech v odhadovaném minusu 4,7 miliardy USD. Největší ztráty, 3,2 miliardy USD, připadly na memecoin TRUMP.
The nonprofit consumer advocacy organization Public Citizen reported that US President Donald Trump “left investors at least an estimated $4.7 billion underwater” since 2022 through his and his family’s digital asset ventures.
According to Public Citizen, investors lost billions of dollars through the Trump family World Liberty Financial governance token, the president’s nonfungible token (NFT) trading cards launched in 2022, his memecoin Official Trump (TRUMP) and Trump Media’s digital asset treasury.
The bulk of the estimated losses, according to the organization, came from investors in the TRUMP memecoin, with $3.2 billion lost, while buyers of World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses.” Public Citizen said that in the case of the memecoin, the losses represented “wealth transferred to a small group of early buyers rather than money that simply vanished.”
Estimated losses for investors in Donald Trump’s crypto ventures. Source: Public Citizen
According to Public Citizen, amid the $4.7 billion in investor losses, Trump earned $7.2 million from the NFT licensing fees and royalties, more than $600 million from World Liberty token sales and selling an equity stake, $635 million in licensing fees for his memecoin and $197 million in revenue from capital contributions to World Liberty. This did not reflect the stakes in companies and ventures he continues to hold. Some of the figures were included in the president’s 2025 disclosures, reporting $1.4 billion in earnings tied to crypto.
Cointelegraph reached out to the White House for comment but did not receive an immediate response. Spokesperson Anna Kelly has repeatedly said in response to questions on Trump’s crypto investments that there were “no conflicts of interest.”
Crypto bill still weeks away from potential voteAmid the crypto ventures and more “potentially on the way” from Trump, the group renewed calls for ethics provisions in a cryptocurrency market structure bill, the Digital Asset Market Clarity (CLARITY) Act, claiming that “the president’s policy choices and personal portfolio cannot be separated” and any legislation should require a US president and his family to divest from projects in the industry.
Trump met with crypto company executives last week, calling for a “fair version” of the CLARITY Act to pass once the Senate returns to session next month. The bill is scheduled for a cloture vote on Sept. 15, which will require votes from at least 60 senators to advance.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Aster DEX spustil 1. fázi programu USD1 RWA Boost s odměnami ve výši 125 milionů WLFI a 6,25 milionu USD1. Kampaň má podpořit obchodování na nových perpetuálních trzích RWA vypořádaných v USD1.
Aster DEX is putting serious money where its mouth is. The decentralized exchange, working alongside World Liberty Financial, has rolled out a Phase 1 rewards campaign designed to jumpstart trading activity across its newly minted USD1-denominated real-world asset perpetual markets.
The campaign runs from August 31 through December 31, 2026, distributing 125 million WLFI tokens based on eligible open interest and an additional 6.25 million USD1 tied to trading volume. The total liquidity backing the program sits at roughly $28 million, pooled from approximately 250 million WLFI and 12.5 million USD1.
What Aster actually built Before the rewards campaign even kicked off, Aster launched five RWA perpetual markets on August 20, 2026. The lineup includes SPCXUSD1, CLUSD1, XAUUSD1, SNDKUSD1, and SKHYNIXUSD1, all settled exclusively in USD1.
The integration between Aster DEX and World Liberty Financial dates back to December 2025. Phase 1 is explicitly positioned as the first in a series of reward programs meant to build out the USD1 RWA ecosystem over time.
How the rewards work The dual reward structure splits incentives across two behaviors Aster wants to encourage: holding positions and actually trading.
The 125 million WLFI tokens are allocated based on eligible open interest. The 6.25 million USD1 component rewards trading volume, giving active traders an additional reason to route their activity through Aster’s RWA markets.
Traders using single-asset mode with USD1 as their sole collateral qualify for a 2X open interest boost. That effectively doubles the weight of their positions when calculating WLFI rewards. Multi-asset traders can still participate, but they need to keep at least 50% of their collateral in USD1 to remain eligible.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Aster spustil první fázi kampaně odměn pro trhy USD1 a RWA a do konce roku 2026 rozdělí 250 milionů WLFI a 12,5 milionu USD1. USD1 je nyní výhradním vypořádacím aktivem pro všechny RWA a komoditní kontrakty Aster.
A Two-Pool Reward Structure Running Through Year-EndAster DEX has launched the first phase of its USD1 real-world asset (RWA) rewards campaign, running through December 31, 2026. The initiative is part of a broader partnership between Aster and World Liberty Financial (@worldlibertyfi), which has been positioning ethereum:0xda5e1988097297dcdc1f90d4dfe7909e847cbef6 as the base settlement layer for RWA perpetual markets on the platform.
The campaign distributes rewards across two independent pools. The combined growth fund holds 250 million WLFI tokens from World Liberty Financial and 12.5 million USD1 contributed by Aster. Of the WLFI allocation, 125 million tokens will be distributed based on eligible open interest, while a further 6.25 million USD1 will be allocated according to eligible trading volume. Because open interest and volume are tracked independently, traders can qualify for both pools simultaneously.
Aster is also offering a 2x open interest boost for eligible USD1-denominated RWA positions. The boost applies in full when traders use USD1 exclusively as collateral through Single Asset Mode. In Multi Asset Mode, USD1 must represent more than 50% of average collateral for the boost to apply.
USD1 as the Settlement Layer for RWA PerpsAster has listed SPCXUSD1, CLUSD1, XAUUSD1, SNDKUSD1 and SKHYNIXUSD1 under its AOS-2 standard, which sets the framework for new perpetual listings on the platform. The listed markets include assets linked to SpaceX, crude oil, gold, Sandisk and SK Hynix. USD1 is now the exclusive settlement asset for all of Aster's RWA and commodity contracts.
USD1 is a US-dollar stablecoin issued by World Liberty Financial and custodied by BitGo Trust Company, backed by cash, short-duration US Treasury bills, and government money market funds. Launched on Ethereum and BNB Chain in March 2025, it had grown to a circulating supply of roughly $4 billion by mid-2026. For World Liberty Financial, the Aster arrangement drives utility for USD1 beyond transfers and lending, as every open position locks USD1 as collateral and every trade generates settlement volume.
For Aster, the commodity expansion tracks with its transformation from a crypto-only perp DEX into a multi-asset trading platform. The exchange already offers perpetuals on US equities alongside its core crypto derivatives and recently launched the genesis phase of Aster Chain, a privacy-focused Layer 1 using zero-knowledge proofs.
Sources:
CryptoNinjas: Aster Launches Five USD1 RWA Perpetual Markets
Dealroom: Aster Launches USD1-Settled RWA Perpetuals with $28M Liquidity Fund
The Defiant: Aster to Settle RWA Perps Exclusively in USD1
Justin Sun uvedl, že soud v Kalifornii nepostoupil všechny jeho nároky vůči World Liberty Financial do soukromé arbitráže. Spor o zmrazené WLFI tokeny tak zůstává částečně před federálním soudem.
Justin Sun claims to have won a first round against World Liberty Financial. On August 20, a federal judge in California reportedly refused to send all of his claims to private arbitration. This decision comes just days after the conditional green light granted by the OCC to World Liberty Trust Company, which is set to resume issuing the USD1 stablecoin.
In brief According to Justin Sun, Judge James Donato refused to submit all his claims to private arbitration, maintaining his individual claims before the federal court. On August 14, the OCC granted preliminary conditional approval to World Liberty Trust Company, which plans to take over the issuance of USD1 and management of its reserves from BitGo. The fate of claims filed by Blue Anthem and Black Anthem remains to be determined. The written order regarding the August 20 hearing was not yet publicly available at the time of writing. Justin Sun obtains the maintenance of part of the case before the court The standoff between Justin Sun and World Liberty Financial has been going on for several months. The founder of Tron, who bought $45 million worth of WLFI tokens, brought the case before a federal court in San Francisco in April.
This dispute between WLFI and Justin Sun notably concerns the freezing of his tokens and the control powers that World Liberty would have integrated into the WLFI contract.
On June 2, World Liberty Financial asked Judge James Donato to force the plaintiffs to go through arbitration and to suspend the judicial procedure. The hearing on this request took place on August 20.
At its outcome, Sun stated that his personal claims would remain publicly reviewed before the federal court. In other words, World Liberty did not get the transfer of the entire dispute to a private procedure.
This distinction matters. Indeed, arbitration generally allows settling a conflict outside of public hearings and with much more limited visibility on exchanged documents.
However, nothing has yet been decided on the merits. Blue Anthem Limited and Black Anthem Limited, two companies also parties to the complaint, have their own claims. Their treatment remains under discussion. Importantly, the written order from the judge was not yet publicly available at the time of writing this article.
World Liberty prepares in parallel its bank for USD1 The timeline adds another dimension to the case. On August 14, six days before the hearing, the Office of the Comptroller of the Currency granted a preliminary conditional approval to World Liberty Trust Company.
The future national trust bank is to take charge of issuing and redeeming USD1, as well as managing its reserves. It plans to take over these activities from BitGo, which currently serves this role.
But World Liberty Trust cannot start its operations yet. Final authorization depends on meeting several conditions imposed by the OCC.
The bank must notably have at least $20 million in Tier 1 capital. It must also maintain sufficient liquid assets to cover 180 days of operational expenses and notify the regulator before any significant changes to its business model.
The OCC also retains the possibility to modify, suspend, or withdraw its preliminary approval before the official opening of the institution.
Another element in the document deserves attention: World Liberty Trust will neither be able to issue, hold, nor trade WLFI tokens. However, the OCC specifies that World Liberty Financial and the future bank indirectly share some owners.
On paper, a clear boundary is thus drawn between the WLFI token and the banking activities related to USD1.
Previous token freezes fuel questions This separation comes as the control powers exercised over certain assets linked to World Liberty are already at the heart of several conflicts.
In June, World Liberty Financial froze some on-chain addresses associated with HTX as part of a sanctions compliance review. The crypto platform challenged this decision and suspended several pairs involving WLFI and USD1. It also announced the conversion of its users’ USD1 holdings into USDT.
A few months earlier, in September 2025, Justin Sun himself saw a significant portion of his WLFI tokens blocked after movements to exchange platforms. This episode notably led to the current dispute.
The legal battle is not limited to California. World Liberty also sued Justin Sun for defamation and market manipulation in a separate proceeding.
For now, none of these proceedings have concluded on the merits of the accusations.
The next steps should bring more clarity. On one side, Judge Donato’s written order will specify which claims will remain before the court and which might still be subject to arbitration. On the other, World Liberty Trust must meet the OCC’s requirements before obtaining its final authorization.
Two separate cases, but the same underlying question: how far does the control exercised within the World Liberty ecosystem extend, as USD1 is about to enter a federally regulated banking framework reinforced by the American legislation on stablecoins?
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Binance uvedl, že jeho zaměstnanci byli v SAE po rutinních dotazech kvůli tokům peněz u třetích stran propuštěni. Přesto policie zadržela dva pracovníky a jeden další byl v červenci vyslýchán na stanici.
Binance runs its global exchange under Abu Dhabi’s regulator. Emirati police still detained two of its employees over financial crime inquiries, the New York Times reported.
All have been released. A third staff member, who leads the company’s Dubai arm, answered questions at a police station in July.
A Foothold Built on Licenses and State MoneyThe Emirates is not a side market for Binance. It is the base.
Abu Dhabi’s Financial Services Regulatory Authority granted the exchange three licenses on December 8. No other crypto exchange had won a global license under that framework. The permissions went live on January 5.
The money runs just as deep. State-backed fund MGX invested $2 billion in March 2025. It paid in USD1, a stablecoin from World Liberty Financial, a venture the Trump family part-owns.
The relationship even shapes policy. Binance has cited its Abu Dhabi licensing rules to explain why it now handles some foreign police requests differently.
Airport Stops and an Overnight HoldTwo workers were pulled aside at Emirati airports, people familiar with the inquiries said. One midlevel employee passed through Sharjah this month. Officers took him to a station and held him overnight.
What police are chasing is unclear. Binance told the Emirati government that its staff were swept into fraud cases centered on customers. None were tied to the offenses, the company said.
The link may be mundane. Some employees’ names sit on a corporate bank account Binance keeps in the country. That account processes customer deposits and withdrawals.
“A small number of our personnel were recently asked to provide standard statements to local authorities as part of routine inquiries relating to third-party fund flows… all who provided statements were promptly cleared and released,” A Binance spokesman, speaking to the New York Times.
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A Familiar Pattern for Binance StaffEmirati authorities were already tracing money around the exchange. Dubai’s Virtual Assets Regulatory Authority fined an unlicensed local firm, Shelbit, on July 24. Reuters tracked about $4 billion through Shelbit, and roughly $676 million reached Binance.
Binance’s record invites that attention. The company pleaded guilty in the United States in November 2023 and paid $4.32 billion. Prosecutors found it had let more than $898 million in trades pass between US and Iranian users.
That deal placed an independent compliance monitor over the company for three years. The term still has months left to run.
Staff have been caught in national cases before. Compliance executive Tigran Gambaryan spent months held in Nigerian custody in 2024. US diplomatic pressure secured his release.
The detentions have rattled the workforce. Binance approached Emirati officials this month, seeking help and raising concerns about employee safety.
Whether the questioning stays limited to customer fraud will test how much protection those licenses actually buy.
Soud v Kalifornii zamítl snahu World Liberty Financial přesunout spor s Justinem Sunem do soukromé arbitráže; případ tak zůstane veřejný. Sun tvrdí, že WLFI má skrytý backdoor pro zmrazení nebo spálení tokenů.
TLDR: World Liberty Financial failed to move Justin Sun’s lawsuit into private arbitration proceedings. Sun alleges WLFI’s smart contract has a hidden backdoor to freeze or burn token holdings at will. USD1 stablecoin reportedly shares the same freeze and burn controls Sun alleges exist in WLFI tokens. Sun questions whether World Liberty holds enough capital to cover a judgment worth hundreds of millions. World Liberty Financial faced a setback in California federal court after a judge ruled that Justin Sun’s individual claims against the project will stay in open court.
The ruling rejects World Liberty’s push to move the dispute into private arbitration and seal case documents. Sun, an early investor in the project, called the decision a major win for transparency.
Court Sides With Sun on Open Proceedings The California federal court decision addressed World Liberty’s request to force Sun’s claims into confidential arbitration. Sun’s legal team argued the case belongs in public view, and the judge agreed.
World Liberty also asked the court to send company-related claims to arbitration. The judge did not fully grant that request. Instead, the parties were ordered to determine which claims stay in court.
Sun described the outcome as evidence that token holders deserve visibility into how projects treat their investors.
He said World Liberty would not fight so hard to avoid scrutiny if its conduct were defensible. Sun has positioned the ruling as a step toward accountability in the dispute.
Today, my counsel appeared in California federal court to oppose World Liberty Financial's @worldlibertyfi efforts to force our dispute into secret arbitration proceedings and seal documents from public view.
We argued forcefully that this case belongs in open court—and the…
— H.E. Justin Sun 👨🚀 🌞 (@justinsuntron) August 20, 2026
Sun was among World Liberty Financial’s earliest and largest backers, investing $45 million in WLFI tokens. He has said that investment helped push the project’s token sale past $550 million. His lawsuit against World Liberty seeks hundreds of millions of dollars in damages.
Backdoor Allegations Center on Token Control Sun’s complaint alleges World Liberty built hidden backdoor controls into the WLFI smart contract. Those controls reportedly let the team freeze, restrict, or burn any holder’s tokens without notice. Sun claims World Liberty used this power against his own token holdings.
He also alleges he faced threats of criminal referrals after trying to assert his legal rights. Following the filing, Sun obtained a court order blocking World Liberty from destroying his tokens. He said the order was necessary given the alleged threats and technical capability to act on them.
Sun further claims World Liberty built the same backdoor functions into its USD1 stablecoin. He urged USD1 users to understand that their assets could reportedly be frozen or destroyed. He pointed to the alleged treatment of WLFI holders as a warning sign for stablecoin users.
Sun said he is not the only person who believes they were harmed by World Liberty. He noted others have privately described similar concerns but remain hesitant to file suit. He attributed that hesitation to fear of retaliation, which he said the complaint documents.
Financial Stability and Leadership Questions Raised Sun raised concerns about whether World Liberty has enough capital to cover a judgment. He noted USD1’s reported $4 billion market cap represents user collateral, not company funds. That collateral cannot legally be used to satisfy a court judgment, he said.
Public reports cited in the discussion state World Liberty deposited roughly five billion WLFI tokens as collateral. The deposit reportedly went to Dolomite, a lending platform co-founded by World Liberty’s own chief technology officer. Analysts have compared the circular borrowing structure to leverage patterns seen at FTX.
Sun also referenced World Liberty co-founder Chase Herro’s earlier project, Dough Finance. That platform claimed a hack occurred, but an investor lawsuit alleged Herro personally moved the funds. Public reporting indicates most of those assets remain unaccounted for.
Sun said the combination of factors raises doubts about World Liberty’s ability to meet its obligations. He cited his own damages claim, potential claims from others, and the borrowing structure. Sun encouraged investors to conduct independent research before engaging further with the project.
Aster spustil pět nových RWA perpetualů vypořádávaných v USD1, včetně SPCXUSD1, CLUSD1, XAUUSD1, SNDKUSD1 a SKHYNIXUSD1. Na likviditu je navázán fond zhruba 28 milionů USD.
Five New RWA Perp Markets Go Live on Aster@Aster_DEX has listed five new perpetual markets settled in solana:USD1ttGY1N17NEEHLmELoaybftRBUSErhqYiQzvEmuB, covering SPCXUSD1, CLUSD1, XAUUSD1, SNDKUSD1 and SKHYNIXUSD1. The exchange describes these as the first real-world asset (RWA) perpetual contracts denominated in the stablecoin. Further markets are planned under its AOS-2 listing standard.
Every perpetual contract tracking real-world assets on Aster will settle exclusively in $USD1, @worldlibertyfi's dollar-pegged stablecoin. The move positions $USD1 as the sole margin and settlement layer for Aster's RWA vertical, replacing conventional alternatives such as USDT or USDC for these pairs.
The fee structure for $USD1 commodity pairs is set at 1 basis point for takers and a negative 0.5 basis points for makers, meaning the exchange will pay a rebate to liquidity providers.
A $28 Million Liquidity Fund Backs the LaunchTo seed depth across the new pairs, the two projects have established a dedicated growth fund. @worldlibertyfi is contributing 250M ethereum:0xda5e1988097297dcdc1f90d4dfe7909e847cbef6, while Aster is adding 12.5M $USD1, bringing the combined pool to roughly $28 million at current prices.
Both teams indicated they are exploring deeper integration across their respective token ecosystems, suggesting the partnership could expand beyond settlement.
$USD1 is a fiat-backed stablecoin pegged 1:1 to the U.S. dollar, launched in March 2025, and is fully collateralized with reserves including U.S. dollar deposits, short-term Treasury bills, and cash equivalents held by regulated custodian BitGo Trust and subject to monthly audits. By Q1 2026, USD1 had grown to a circulating supply near $4.5 billion, making it the fastest-growing fiat-backed stablecoin of that period.
For Aster, the launch marks a deliberate push beyond crypto-native derivatives. The move signals a strategic shift toward multi-asset perpetuals beyond pure crypto. With more markets set to follow under AOS-2, the platform is building out what it frames as a new category of on-chain, stablecoin-settled RWA trading.
Sources:
The Defiant: Aster to Settle RWA Perps Exclusively in USD1
World Liberty Financial: Meet USD1 (Official)
BusinessWire: USD1 Crosses $3 Billion in Market Capitalization
World Liberty Financial spojila USD1 s platformou WorldClaw, která nabízí přibližně 90 AI modelů, z nichž 43 pochází od čínských firem. Některé z nich čelí omezením a kontrole amerických úřadů kvůli národní bezpečnosti.
WorldClaw collaboration integrates World Liberty’s USD1 stablecoin with AI model marketplace. Nearly half of WorldClaw’s 90 available AI models originate from Chinese technology companies. Multiple Chinese developers on the platform face Pentagon designations and Commerce Department restrictions. World Liberty, with 38% Trump family ownership, generates revenue from USD1 adoption. Partnership creates tension between commercial AI access and US national security policies. A new partnership between World Liberty Financial and WorldClaw, an artificial intelligence aggregator based in Hong Kong, has thrust the Trump-connected cryptocurrency venture into the center of ongoing debates about Chinese technology access. The collaboration enables customers to pay for Chinese and American AI models using World Liberty’s USD1 stablecoin, creating questions about compliance with evolving security frameworks.
USD1 Stablecoin Integration Powers WorldClaw Services The Hong Kong-based WorldClaw platform aggregates approximately 90 different artificial intelligence models for commercial use. According to Reuters analysis, nearly half—43 models specifically—were created by Chinese technology firms such as Alibaba, Baidu, Z.ai, DeepSeek, and Moonshot. American tech giants also contribute models to the platform’s offerings.
World Liberty generates income when users conduct transactions with USD1, as the stablecoin earns returns on the reserve assets backing its one-dollar peg. These reserves typically consist of US Treasury bonds and similar dollar-denominated financial instruments. The Trump family maintains a significant 38% equity position in World Liberty Financial, directly benefiting from cryptocurrency-related revenues.
While WorldClaw operates independently from the Trump family’s crypto enterprise, connections exist through personnel and promotion. Ryan Fang, World Liberty’s growth executive, provides advisory services to WorldClaw focused on USD1 integration and global expansion. Additionally, Donald Trump Jr. and Eric Trump have actively publicized WorldClaw across their social media platforms.
Pentagon and Commerce Department Restrictions Target Model Providers Multiple Chinese technology companies accessible through WorldClaw’s platform currently face official United States government restrictions or enhanced scrutiny. The Department of Defense has formally identified both Alibaba and Baidu as entities with connections to China’s military apparatus. Separately, the Commerce Department added Z.ai to its entity list, citing national security risks.
Federal authorities have additionally accused DeepSeek and Moonshot of unauthorized appropriation of proprietary technology from American artificial intelligence developers. Chinese corporate representatives and government officials have disputed these allegations regarding military ties and technology transfer practices. Nevertheless, the formal restrictions against certain companies remain active.
WorldClaw’s provision of these Chinese AI models appears legally permissible under current regulations, even for American customers. Yet the association with World Liberty Financial creates an apparent contradiction with broader Washington policy objectives targeting sensitive Chinese technology sectors. The current administration has emphasized strategic competition with China specifically in artificial intelligence, semiconductor manufacturing, and emerging technologies.
Cryptocurrency Payment Integration Expands AI Model Distribution WorldClaw’s infrastructure includes WorldRouter, a unified interface enabling customers to access diverse artificial intelligence models through a single service portal. Company statements indicate the platform serves over 10,000 active users while processing millions of computational requests. Future development plans include AI agent functionality capable of autonomous task completion, from email management to restaurant ordering.
Customers selecting USD1 as their payment method create a direct commercial link between the AI marketplace and World Liberty’s stablecoin ecosystem. This integration potentially amplifies USD1 transaction volume while diversifying the stablecoin’s application beyond conventional cryptocurrency exchange activities. Reuters reporting did not identify specific revenue-sharing arrangements or financial terms governing the World Liberty-WorldClaw partnership.
The collaboration consequently positions World Liberty Financial at the intersection of cryptocurrency commerce, international AI model distribution, and ongoing policy disputes regarding Chinese technology access. While no existing statutes prohibit this business arrangement, and WorldClaw characterizes its model aggregation as standard technology practice, the partnership inevitably situates World Liberty within contentious discussions balancing commercial innovation, national security imperatives, and geopolitical technology competition.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
OCC udělil společnosti World Liberty Trust Company předběžné podmíněné schválení národní trustové licence, které jí umožní přímo vydávat a vykupovat stablecoin USD1. Dosavadní emise přes BitGo tak přejde pod vlastní správu.
The limited-purpose bank charter lets World Liberty Trust Company issue and redeem USD1 in-house, displacing BitGo — and immediately triggers Warren's 'Ending Presidential Corruption in Banking Act.'
The Office of the Comptroller of the Currency has granted preliminary conditional approval for a national trust bank charter to World Liberty Trust Company, N.A., an affiliate of the Trump family-backed World Liberty Financial. The approval, issued August 14 under OCC Corporate Decision #1385, follows an application filed January 7 and authorizes the entity to directly issue and redeem the USD1 stablecoin.
The charter is surgically narrow. World Liberty Trust Company can manage and hold customer assets, settle payments, and custody the reserves backing USD1 — but it cannot take deposits, make loans, or operate as a federally insured depository. It is not a bank under the Bank Holding Company Act, and it is not seeking a Federal Reserve master account. What it gets is the federal imprimatur of OCC supervision without the capital and liquidity requirements of a full commercial bank. The USD1 stablecoin, previously issued through BitGo Bank & Trust, will move under the new entity’s proprietary umbrella.
CoinDesk and Reuters reported the approval. The OCC imposed conditions including a $20 million minimum capital requirement, a qualified internal audit manager, and satisfaction of all preopening requirements before the bank can open. The OCC retains the right to modify, suspend, or rescind the conditional approval.
The ownership structure is what makes this charter a political event. World Liberty Financial is approximately 38% owned by an entity tied to Donald Trump Jr. and other Trump family members. The trust company’s president is Zach Witkoff, son of Steve Witkoff, who serves as a presidential special envoy. Senator Elizabeth Warren, ranking member of the Senate Banking Committee, called the approval “the most brazen act of self-dealing our financial system has ever seen,” adding that “President Trump is now the first President in history to approve, operate, and supervise his own bank.”
On August 15, Warren introduced the “Ending Presidential Corruption in Banking Act” with nine co-sponsors, including Senators Van Hollen, Alsobrooks, Murphy, Sanders, Blumenthal, Reed, Kim, Duckworth, and Gallego. The bill would prohibit the Fed, OCC, and FDIC from approving banking applications involving a president, vice president, members of Congress, or their immediate families.
World Liberty’s response frames the charter as a hedge against future political risk rather than a product of current political access. Spokesman David Wachsman told Newsweek the firm is “running towards regulation and continuous oversight.” The company maintains the charter ensures “robust and permanent OCC regulatory supervision that will outlast the Trump administration” — an argument that uses the permanence of federal oversight as a shield against the perception of political favoritism.
The structural question is whether a limited-purpose trust charter can serve as a stablecoin regulatory template. The model concentrates on custody, reserve management, and redemption mechanics while explicitly excluding the systemic risks of deposit-taking. For stablecoin issuers navigating the GENIUS Act’s emerging framework, a trust charter offers a path to federal legitimacy without the overhead of full banking regulation. Circle has pursued a different route — a national trust bank subsidiary through the OCC’s standard process — but the outcome here suggests the trust charter model may be more accessible than previously assumed.
The catch is that this particular trust charter is inseparable from its political context. Whether the “regulatory moat” it creates for USD1 is a genuine institutionalization of stablecoin infrastructure or a one-time artifact of political proximity depends on whether the model survives the legislative response now gathering around it.
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HertzFlow spustil mainnet na BNB Chain a zároveň odstartoval týdenní Genesis Vault mainnet pre-deposit kampaň. Vklady v USD1 a U slouží k budování počáteční likvidity mainnetu. Vault pro USD1 má limit 4,44 milionu dolarů a vault pro U je omezen na 8,88 milionu dolarů; oba mají pevné limity a fungují podle pořadí přijetí. Poskytovatelé likvidity, kteří své vklady ponechají 90 dní, získají 10x bonus bodů a odpovídající skutečné výnosy po spuštění obchodování s perpetual kontrakty 24. srpna.
According to official announcements, HertzFlow, a perpetual contract trading infrastructure project backed by YZi Labs, has officially launched on the BNB Chain mainnet and simultaneously kicked off a one-week Genesis Vault mainnet pre-deposit campaign. Co-hosted by HertzFlow, United Stables (U), and the official team of WLFI ecosystem stablecoin USD1, the campaign allows users to deposit USD1 or U to build the mainnet’s initial liquidity. The USD1 vault has a $4.44 million cap, while the U vault is capped at $8.88 million; both have hard limits and operate on a first-come, first-served basis. Meanwhile, HertzFlow’s mainnet Merit points campaign is also live: liquidity providers who hold their deposits for 90 days will receive a 10x points bonus, and will gain corresponding actual returns once perpetual contract trading opens on August 24. With the mainnet launch and points campaign launching in tandem, HertzFlow aims to expand its perpetual contract trading infrastructure’s liquidity scale via early liquidity incentives and prepare for subsequent trading function rollouts.
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OCC dal společnosti World Liberty Trust Company předběžné podmíněné schválení bankovní licence, která má převzít vydávání a správu USD1 od BitGo. Banka ale zatím nesmí zahájit provoz.
15 August 2026 | 01:14 World Liberty Financial is closer to moving the infrastructure behind USD1 into a related federally supervised trust company, but the bank is not ready to open.
Key Takeaways The proposed trust company plans to take over USD1 issuance, redemption and reserve management from BitGo. It would not accept insured deposits or handle WLFI tokens. The organizers need at least $20 million in tier 1 capital and must open the bank within 18 months. On August 14, the Office of the Comptroller of the Currency gave preliminary conditional approval to establish World Liberty Trust Company, National Association, in Bay Harbor Islands, Florida.
The OCC letter makes the current status clear by stating:
The OCC has granted preliminary conditional approval only.
The organizers can now form the legal entity and prepare it for operation. Banking activities cannot begin until the company meets the preopening requirements, passes an OCC examination and receives final approval.
USD1 Could Move From BitGo to World Liberty Trust BitGo Bank & Trust currently serves as the exclusive issuer and custodian of USD1. Once established, World Liberty Trust Company plans to acquire the stablecoin’s reserve assets and associated liabilities from BitGo.
Core Operations of the Proposed Bank
Function 01
USD1 Lifecycle
Issue and redeem USD1 for U.S. institutional clients.
Function 02
Asset Backing
Maintain the underlying assets backing the stablecoin.
Function 03
Digital Custody
Provide secure fiduciary digital-asset custody.
Function 04
Token Conversion
Convert approved stablecoins into USD1 for customers.
The conversion service would apply only to assets already held in custody. It would not turn the trust company into a general-purpose crypto exchange.
The letter also says USD1 issuance and redemption are expected to be fee-free at launch.
The proposed bank would be wholly owned by WLTC Holdings LLC. According to the OCC, World Liberty Financial LLC and the bank share indirect common owners.
The OCC separately approved the planned transfer of USD1 reserves and liabilities under an exemption available to newly formed banks. If the charter reaches final approval, issuance, reserve management and custody could sit within the same federally supervised institution.
The Charter Would Not Make USD1 an Insured Deposit World Liberty Trust Company would be a limited-purpose national trust bank, not a conventional bank that accepts federally insured deposits.
The company has committed not to become a bank under the Bank Holding Company Act. It does not plan to become an insured depository institution and currently has no intention of seeking a Federal Reserve master account.
USD1 would therefore remain a payment stablecoin rather than a bank deposit. Its holders would not receive FDIC protection simply because the issuer operates under a national trust charter.
World Liberty joins several crypto firms pursuing national trust bank charters, a structure that places custody and related services under federal supervision without creating a conventional deposit-taking bank.
The charter would change who issues and safeguards USD1. It would not change the token into insured bank money.
WLFI Tokens Are Explicitly Excluded The approval covers USD1 and digital-asset custody, not World Liberty Financial’s governance token.
The Bank will not issue, custody, or deal in WLFI tokens.
That boundary was relevant to several public objections. The OCC received seven comments from four commenters, including concerns about WLFI purchases, foreign investment and possible conflicts involving President Donald Trump, his family and members of the Witkoff family.
The regulator said career OCC staff reviewed the application under established procedures. It treated questions about WLFI purchases as outside the charter decision because the proposed bank will not handle the token and neither World Liberty Financial, Inc. nor its foreign investors were direct parties to the application.
The approval also includes passivity commitments from three indirect investors: DT Marks SC LLC, StringZ Holdings RSC (DE) LLC and AMGUS LLC.
Those entities agreed not to seek board representation, access material nonpublic information or influence the bank’s pricing, investment, personnel and operating decisions. If an investor holds at least 10% of a voting class, voting rights above 9.9% must be passed to management under a proportional proxy arrangement.
Eric F. Trump signed one of the commitments as president of DT Marks. The restrictions separate financial ownership from control over the bank’s operations; they do not remove the underlying economic interest.
Bank Capital Is Separate From USD1 Reserves World Liberty Trust Company must maintain at least $20 million in tier 1 capital.
The greater of 50% of that capital or $10 million must be held in eligible liquid assets. The bank must maintain an additional liquidity buffer covering 180 days of operating expenses without counting the same assets twice.
These funds support the trust company itself and are separate from the assets backing USD1. The $20 million figure is not the size of the stablecoin’s reserve pool.
The capital and liquidity conditions will remain in effect during the bank’s first three years. Significant changes to its products, services or risk limits during that period will require 60 days’ notice and written non-objection from the OCC.
The bank must also comply with the GENIUS Act and future implementing rules. The OCC can require it to alter, stop or divest any stablecoin activity that fails to meet those requirements.
Approval Expires If the Bank Misses Its Deadlines Deadline 01
Capital Raising
Raise required capital within 12 months (August 2027 deadline).
Deadline 02
Bank Opening
Open within 18 months, or by February 2028, barring extensions.
Action 03
Preopening Prep
Confirm conditions 60 days prior and request examination.
Status 04
Interim Status
BitGo remains issuer and custodian until final approval.
The organizers must raise the required capital within 12 months of the August 14 decision, setting an August 2027 deadline.
The bank must open within 18 months, or by February 2028, unless the OCC grants an extension under exceptional circumstances.
At least 60 days before the intended opening, the organizers must confirm that the conditions have been met and request a preopening examination. The bank also needs an independent auditor, security and information-system plans, and operating controls covering the Bank Secrecy Act, anti-money-laundering requirements and sanctions compliance.
The OCC can modify, suspend or withdraw its approval if the information supporting the decision changes materially.
Until final approval is granted, BitGo remains the issuer and custodian of USD1. The OCC decision gives World Liberty a path to take over that infrastructure, not a bank that is already open.
Disclaimer: World Liberty Trust Company has received preliminary conditional approval and is not yet authorized to begin operations. Its proposed services and opening timeline remain subject to final OCC approval. This article is for informational purposes only and does not constitute financial or investment advice. Author
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
Binance prodloužila airdrop WLFI pro držitele USD1 až do 4. září 2026 a vyčlenila odměnový fond 170 milionů WLFI. U futures účtů s USD1 jako kolaterálem platí 1,2x multiplikátor odměn.
Binance Extends WLFI Airdrop for USD1 Holders Through September 2026@Binance has extended its ongoing multi-phase airdrop campaign with @worldlibertyfi, putting a 170 million $WLFI token prize pool in front of $USD1 holders. The latest round runs with weekly distributions through September 4, 2026, continuing a partnership that has now spanned several months and multiple reward cycles.
To qualify, users must hold a net $USD1 balance across eligible Binance account types, including Spot, Margin, and Futures accounts. Rewards are calculated using snapshots of net balances rather than gross holdings, meaning borrowed positions are factored out of the equation.
Futures Collateral Users Get a Bonus MultiplierParticipants who use $USD1 as collateral in Futures accounts receive a 1.2x reward multiplier, provided they maintain a daily open interest threshold of $1,300 in $USD1. The boost is consistent with terms seen in earlier campaign phases, where Margin and Futures users have routinely received the same 1.2x incentive for putting $USD1 to work as collateral rather than simply parking it in a Spot account.
The campaign is the latest chapter in what has become a sustained effort by Binance to deepen adoption of the $USD1 stablecoin. Earlier phases distributed pools ranging from $40 million to 235 million $WLFI tokens, with each round structured as a series of weekly payouts. @worldlibertyfi transferred 170 million $WLFI tokens to Binance ahead of one of the recent extensions, a move that analysts noted fueled speculation around continued campaign activity.
$USD1 is the dollar-pegged stablecoin issued by World Liberty Financial, a decentralized finance project with reported ties to the Trump family. $WLFI serves as the project's governance token. The repeated airdrop campaigns on Binance reflect a broader industry pattern in which exchanges use token incentives to drive stablecoin liquidity and retain user balances on-platform.
Sources:
AMBCrypto: Why is WLFI's price up today? USD1 buzz, Binance transfer and more
Stablecoin Insider: Binance Launches 135 Million Airdrop for World Liberty Financial USD1 Stablecoin Holders
CryptoRank: Binance Launches $40M WLFI Airdrop Campaign for USD1 Holders
USD1 od World Liberty Financial se za zhruba patnáct měsíců stal čtvrtým největším stablecoinem na světě, s obíhající nabídkou kolem 4,5 miliardy USD1. Růst táhly hlavně velké institucionální obchody, včetně vypořádání za 2 miliardy USD1 mezi MGX a Binance.
World Liberty Financial’s USD1 has gone from a March 2025 launch announcement to the fourth-largest stablecoin in the world in roughly fifteen months, overtaking PayPal’s PYUSD and Sky’s DAI along the way. Its rise has been driven less by retail adoption than by a handful of enormous institutional deals — most notably a $2 billion settlement between Abu Dhabi-based MGX and Binance that was paid entirely in USD1 — and by the fact that the project sits inside a company co-founded by the Trump family. Here’s what USD1 actually is, how it works, and what to weigh before using it.
Key Takeaways USD1 is a US dollar-pegged stablecoin issued by World Liberty Financial (WLFI) and custodied by BitGo Trust Company under a South Dakota trust charter Reserves consist of cash, short-term US Treasury bills, and government money market funds, verified through monthly AICPA-standard attestations and a live Chainlink-powered proof-of-reserves dashboard Circulating supply has grown from about $3.3 billion at year-end 2025 to roughly $4.5 billion by mid-2026, making USD1 the fourth-largest stablecoin behind USDT, USDC, and Sky’s USDS, according to DefiLlama’s stablecoin tracker USD1 runs natively on around ten blockchains, including Ethereum, BNB Chain, Tron, Solana, Aptos, and the Stripe-backed Tempo L1 World Liberty Financial is majority-owned by a Trump family business entity, which is entitled to a share of token sale proceeds and stablecoin profits — a fact worth knowing before treating USD1 as a neutral financial product USD1 Price Today MetricValuePrice~$0.9987Market Cap~$4.45B24h Volume~$775MCirculating Supply~4.46B USD1Holders~617KRank#4 stablecoin by market cap Live price and supply data via CoinGecko and CoinMarketCap.
Note: as a stablecoin, USD1’s price is designed to stay near $1.00 — deviations of more than a fraction of a cent typically signal peg stress rather than “price movement” in the way a normal crypto asset would show it. For how USD1 fits into the broader market, see today’s crypto market overview.
What Is USD1? USD1 is a fiat-collateralized stablecoin issued by World Liberty Financial, the same company behind the WLFI governance token. Each USD1 is intended to be backed 1:1 by a corresponding dollar held in cash, short-duration US Treasury bills, and other cash equivalents through government money market funds. The stablecoin launched on Ethereum and BNB Chain in March 2025 and was designed from the outset for institutional settlement rather than retail spending — WLFI co-founder Zach Witkoff pitched it at launch as combining “the power of DeFi” with “the credibility and safeguards of the most respected names in traditional finance.”
That institutional framing has largely held up in practice. USD1’s fastest growth has come from large counterparty deals rather than organic retail demand — Forbes reported that Binance-linked wallets held roughly 87% of USD1 supply at one point, and Binance has run multiple liquidity-seeding campaigns, including a booster program that briefly offered up to 20% APR on USD1 deposits before being cut to 8%.
USD1 uses a standard mint-and-burn mechanism: new tokens are created only when an equivalent dollar amount is deposited with the custodian, and tokens are destroyed when holders redeem. BitGo Trust Company — which operates under a South Dakota trust charter — holds the reserves and processes institutional redemptions, typically within one to two business days. Retail holders generally don’t redeem directly with BitGo; instead, they convert USD1 to other stablecoins or fiat through exchanges and DEXs.
Two transparency mechanisms back the peg claim. A monthly attestation report, prepared by an independent accounting firm under 2025 AICPA criteria for asset-backed fiat-pegged tokens, confirms that USD1 tokens outstanding are matched or exceeded by reserve assets. A separate real-time proof-of-reserves dashboard, powered by a Chainlink oracle on Ethereum, shows total reserves, the collateralization ratio, and supply by network on an ongoing basis. World Liberty Financial introduced the live dashboard in February 2026, shortly after a brief depeg incident (more on that below).
It’s also worth knowing where the yield goes: interest earned on the underlying reserve assets accrues to BitGo and World Liberty Financial-affiliated entities — including a Trump-affiliated entity, DT Marks DEFI LLC — rather than to USD1 holders themselves. That’s standard practice across most fiat-backed stablecoins, including USDT and USDC, but it means holding USD1 doesn’t generate yield on its own; any return comes from separately supplying it to a lending protocol.
Which Blockchains Support USD1 USD1 launched on just two networks and has expanded aggressively since:
Ethereum and BNB Chain — the original launch networks and still the deepest liquidity venues Tron — where dollar-stablecoin transfer volume is heavily concentrated Solana — added as USD1 pushed into high-throughput DeFi Aptos, AB Core, Mantle, Monad, Plume, Morph — newer integrations added through 2025 and 2026 Tempo — the Stripe-backed layer-1, where USD1 launched natively in May 2026 as an early TIP-20 token Cross-chain transfers run on Chainlink’s Cross-Chain Interoperability Protocol (CCIP) rather than a proprietary bridge — a deliberate choice, since Circle’s competing CCTP standard is USDC-specific and unavailable to other issuers.
USD1 and World Liberty Financial USD1 can’t really be separated from the company behind it. World Liberty Financial was founded in late 2024 by Zachary Folkman, Chase Herro, and Zach and Donald Trump Jr., alongside other Trump family members, and describes Donald Trump as its “chief crypto advocate.” A Trump family business entity owns 60% of World Liberty Financial and is entitled to 75% of net proceeds from WLFI token sales as well as a share of stablecoin-related profits; by December 2025, the family had reportedly profited around $1 billion from token proceeds alone.
The project has also drawn foreign investment at a scale unusual for a young crypto company. A firm tied to the Abu Dhabi royal family purchased $2 billion of USD1 in 2025, and reporting from the New York Times indicated Abu Dhabi-linked interests separately agreed to acquire a 49% stake in WLFI. These ties, combined with the Trump family’s direct financial stake, have made USD1 a recurring subject of conflict-of-interest reporting rather than a purely technical stablecoin story — worth factoring in alongside the reserve and custody details above.
On the regulatory side, USD1’s structure is built to align with the GENIUS Act, the federal stablecoin law signed in July 2025 that requires full reserve backing, monthly public disclosure, and licensed-issuer status for payment stablecoins. Implementation is still ongoing through 2026, and in January 2026 a World Liberty trust entity applied for a US national banking charter, which — if granted — would give the issuer direct bank-grade infrastructure instead of relying solely on BitGo as custodian.
USD1 vs. USDT vs. USDC USD1USDTUSDCIssuerWorld Liberty FinancialTetherCircleMarket cap (mid-2026)~$4.5B~$170B+~$73BCustodianBitGo TrustTether InternationalRegulated banking partnersReserve attestationMonthly (AICPA standard)QuarterlyMonthlyChains~10, incl. Ethereum, BNB Chain, Tron, Solana15+20+Primary use caseInstitutional settlement, DeFi collateralTrading pairs, EM remittanceRegulated payments, DeFi USD1 is far smaller than the two incumbents and has no realistic path to displacing either in the near term. Its differentiation is regulatory positioning and political access rather than scale: it launched compliance-first under a framework built toward the GENIUS Act, and its sponsors have secured settlement deals — like the MGX-Binance transaction — that smaller or newer stablecoins typically can’t access.
Risks Worth Knowing USD1 briefly depegged to around $0.994 in February 2026, an incident WLFI attributed to a coordinated attack on co-founders’ social media accounts — a claim that hasn’t been independently verified. The peg recovered within roughly 30 minutes and reserves were confirmed intact, but the episode prompted the launch of the real-time proof-of-reserves dashboard described above.
Supply concentration is a separate concern: with the bulk of USD1 historically held in Binance-linked wallets, the token’s liquidity and price stability depend heavily on a small number of large holders rather than a broad, diversified base. World Liberty Financial’s own risk disclosures also note that USD1 is not legal tender and not deposit-insured, and that BitGo or WLFI-affiliated parties retain the ability to freeze or block specific addresses — a level of centralized control that’s common among regulated stablecoins but worth being aware of before treating USD1 as equivalent to holding cash.
Finally, USD1 is young and its issuer is young: World Liberty Financial has faced congressional scrutiny over conflicts of interest and, separately, a defamation lawsuit tied to public criticism of the project. None of this affects whether current reserves back current supply, but it’s relevant to how much institutional trust the project can sustain if political or legal pressure increases.
Where to Buy USD1 USD1 is listed on most major centralized exchanges as well as several DEXs:
Binance — deepest liquidity, multiple pairs including USD1/USDT and BTC/USD1 Coinbase — added USD1 support as part of WLFI’s push for mainstream accessibility Kraken, OKX, Bybit, Gate, MEXC, Bitget Raydium and PancakeSwap for on-chain swaps via Solana and BNB Chain respectively Self-custody wallets that support USD1’s underlying networks (MetaMask, Phantom, and similar) can hold the token directly using its contract address once added manually or through an exchange’s “add to wallet” integration.
Frequently Asked Questions What is USD1 stablecoin? USD1 is a US dollar-pegged stablecoin issued by World Liberty Financial, a company co-founded by members of the Trump family. It's backed 1:1 by cash and short-term US Treasury securities held through custodian BitGo Trust, with monthly reserve attestations and a real-time proof-of-reserves dashboard.
How do I buy USD1 stablecoin? USD1 trades on major exchanges including Binance, Coinbase, Kraken, OKX, and Bybit, as well as decentralized exchanges like Raydium and PancakeSwap. Create an account on a supported exchange, deposit funds, and trade for USD1 directly or swap another stablecoin like USDT or USDC for it.
Who owns USD1 stablecoin? USD1 is issued by World Liberty Financial, which is majority-owned by a Trump family business entity entitled to 75% of net token sale proceeds and a share of stablecoin profits. Reserves backing USD1 are held by custodian BitGo Trust Company, not by World Liberty Financial directly.
Which blockchain is USD1 on? USD1 runs natively on roughly ten blockchains, including Ethereum, BNB Chain, Tron, Solana, Aptos, and the Stripe-backed Tempo network. Cross-chain transfers use Chainlink's CCIP protocol rather than a single native chain.
Is USD1 safe? USD1 is backed by cash and short-term US Treasuries held with a regulated custodian and publishes monthly attestations, similar to USDC's model. It briefly depegged in February 2026 but recovered within 30 minutes with reserves confirmed intact. As with any stablecoin, it isn't deposit-insured or legal tender, and holders should weigh custodial and issuer-concentration risk before use.
Zebec integroval stablecoin USD1 od World Liberty do celého ekosystému, včetně mezd, plateb a výnosů. USD1 je nyní nativně podporován v aplikaci Zebec Super App i na kartách ZebecCards.
USD1 Goes Live Across Zebec's Full Platform@Zebec_HQ has integrated @worldlibertyfi's $USD1 stablecoin into its entire ecosystem, covering payrolls, payments, and yield. The move positions $USD1 as a core settlement asset within Zebec's financial infrastructure and extends the stablecoin's real-world utility beyond trading and DeFi.
According to CryptoNews, $USD1 is now supported natively inside the Zebec Super App, meaning teams can use the stablecoin directly within the existing platform without bridging to another network or switching tools. Users with @ZebecCards can also receive payroll spend in $USD1, and the integration provides direct access to WLFI markets from within Zebec.
Zebec has also indicated it plans to add further yield solutions later this year, signalling that the $USD1 integration is a starting point rather than a finished product.
What USD1 Brings to Zebec's InfrastructureTimes of Blockchain reports that the rollout reaches more than 65,000 workers across the US and global markets, giving staff the ability to receive, use, and move $USD1 via wallets and cards issued by Zebec. Employees can also access funds through Zebec-issued cards, linking blockchain settlement with everyday payment rails.
$USD1 is custodied by BitGo Trust Company and backed by cash and short-duration US Treasury bills held through government money market funds. Launched in March 2025, the stablecoin had grown to a circulating supply near $4.5 billion by Q1 2026, making it one of the fastest-growing fiat-backed stablecoins in the market.
For Zebec, the integration also aligns with the platform's broader institutional ambitions. Zebec completed its final ZBCN token unlock in March 2026, shifting to a deflationary revenue-funded buyback model, and has been expanding its payroll infrastructure across multiple blockchains. The addition of $USD1 reinforces its position as a multi-chain payroll and payments platform targeting enterprise-scale adoption.
Sources:
CryptoNews: World LibertyFi's USD1 Is Now Live In The Zebec Super App
Times of Blockchain: Zebec Expands USD1 Daily Payroll to 65K+ Global Workers
Eco: USD1 Stablecoin by World Liberty Financial
Binance Wallet spustila 16 milionů WLFI pobídek za aktivitu s USD1 přes PancakeSwap, Lorenzo Protocol a Lista DAO. Odměny míří na lending, staking a likviditu.
Binance Wallet has launched a new 16 million WLFI incentive campaign tied to USD1 DeFi activity, offering rewards to users who engage with the stablecoin across a range of on-chain protocols. The program runs from June 19 to July 18, 2026.
Three Protocols, Multiple Ways to Earn Three partners are participating in the campaign: PancakeSwap (@PancakeSwap), Lorenzo Protocol (@LorenzoProtocol), and Lista DAO (@lista_dao). Users can earn $WLFI rewards through lending, staking, and liquidity provision involving USD1. PancakeSwap's inclusion is specifically tied to an sUSD1+/USD1 liquidity pool, with 800,000 WLFI allocated to that pool.
The campaign is the latest in a series of reward programs Binance and World Liberty Financial (@worldlibertyfi) have run together to drive USD1 adoption. USD1 reached $4.6 billion in circulation by April 2026, placing it among the largest fiat-backed dollar tokens by market capitalization.
About World Liberty Financial and USD1 USD1 is a fiat-collateralized stablecoin pegged 1:1 to the US dollar, with each token backed by a corresponding dollar of reserves held in cash deposits and short-term US Treasury securities. The custodian is BitGo Trust Company, and reserves are held in cash and short-duration US Treasury bills through government money market funds.
World Liberty Financial launched World Liberty Markets in early 2026, a decentralized lending and borrowing platform where USD1 serves as the primary asset. This new Binance Wallet campaign extends that DeFi push to BNB Chain, pulling in established protocols as distribution partners to deepen on-chain liquidity and usage.
Sources
Eco: USD1 Stablecoin by World Liberty Financial
CoinDesk: World Liberty Financial Introduces DeFi Lending Platform for USD1
Objem USD1 v oběhu za posledních sedm dní vzrostl o 9,7 % na 4,85 miliardy USD a stablecoin od World Liberty Financial se tak dostal před Sky’s USDS v čistých týdenních přílivech.
USD1's circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move that pushes the World Liberty Financial-issued stablecoin past Sky's USDS in net weekly inflows.
USD1's circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move on the World Liberty Financial-issued stablecoin's three-month supply history.
The dollar increase works out to roughly $427 million in new tokens between Monday last week and Sunday, according to DefiLlama's stablecoin tracker. USD1's 30-day change is under 1%, so nearly the entire move happened in the past nine days, after a mid-June low of $4.34 billion. The asset is now the fourth-largest dollar-pegged stablecoin, behind Tether, USDC and Sky's USDS.
USD1 circulating supply, March 25 to June 22, 2026. Trough $4.34B on June 13; peak $4.84B on June 22, a 9.7% seven-day expansion. Source: DefiLlama.Where the Tokens LiveUSD1 circulates across eight chains, with Ethereum carrying $1.99 billion (41%), BSC $1.80 billion (37%) and Solana $1.02 billion (21%). Aptos, Tron, Plume, Monad and Abcore split the remainder. The stablecoin is described by issuer World Liberty Financial as backed by U.S. Treasuries and cash equivalents, with mint and redeem flows handled by authorized institutional partners against custodied reserves. DefiLlama's record for the token lists no public audit attestation.
Two Top-10 Stablecoins Went the Other WayTwo other stablecoins in the same size tier contracted over the same window, while the overall stablecoin market cap was flat at $315.5 billion. Sky's USDS supply dropped 3.5% in seven days to $8.16 billion, shedding roughly $295 million, per DefiLlama. PayPal's PYUSD slipped 1.1% on the week to $2.74 billion and is down 24% over 30 days, a trajectory PayPal has not publicly addressed.
The three coins span the $2 billion to $9 billion supply band and overlap on institutional and payments use cases. USD1 added net supply in the same seven days the other two lost it.
What's Driving the MintTwo recent USD1 distribution channels could plausibly account for new issuance: Aster's announcement that its real-world-asset perpetuals would settle exclusively in USD1, and World Liberty Financial's payout of UFC Freedom 250 prize money in USD1 at the White House earlier this month.
WLFI, the project's governance token, trades at $0.0591 with a $1.88 billion market cap and is down 2.1% on the week, according to DefiLlama's price feed. The rebound is concentrated in the stablecoin, not the governance token.
