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Deployments · platform by BitGo

World Liberty Financial USD (USD1)Updated 7 Nov 2026

A dollar stablecoin branded by World Liberty Financial and issued by BitGo Bank & Trust, launched in March 2025 on BitGo's stablecoin service: BitGo holds the reserves of short-term Treasuries, dollar deposits and cash equivalents and runs the minting and redemption. It grew quickly after World Liberty said it would be used to settle MGX's $2 billion investment in Binance, and about $4.3 billion was outstanding in October 2026, split across Ethereum, Solana and BNB Chain.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (scaled) since May 2025[2] · Reviewed 11d ago

Assets
Stablecoin[1]
US dollar stablecoin backed by short-term Treasuries, dollar deposits and cash equivalents
Networks
Ethereum Public, permissionless[4]
Solana Public, permissionless[4]
BNB Chain Public, permissionless[4]
Aptos Public, permissionless[4]
TRON Public, permissionless[4]
Monad Public, permissionless[5]
X Layer Public, permissionless[5]
Mantle Public, permissionless[5]
Plume Public, permissionless[5]
Tempo Public, permissioned[6]
Listed in Chainlink's CCIP token directory with a USD1 burn-and-mint pool; not yet on WLFI's own contract page.
Canton Network Public, permissioned[6]
Listed in Chainlink's CCIP token directory with a USD1 burn-and-mint pool; not yet on WLFI's own contract page.
Morph Public, permissionless[5][6]
Neo X Public, permissionless[6]
Listed in Chainlink's CCIP token directory with a USD1 burn-and-mint pool; not yet on WLFI's own contract page.
Creditcoin Public, permissionless[6]
Listed in Chainlink's CCIP token directory with a USD1 burn-and-mint pool; not yet on WLFI's own contract page.
Use cases
Primary issuance[4]
Jurisdictions
United States
Standards
CCIP[5]

Participants

Likely relevant regulation

Assets

Moves across networks

  • viaChainlink CCIPEthereum ↔ BNB Chain ↔ Solana ↔ Aptos ↔ Monad ↔ X Layer ↔ Mantle ↔ Plume ↔ Tempo ↔ Canton Network ↔ Morph ↔ Neo X ↔ Creditcoin[6][5]CCIP also lists USD1 pools on Monad, X Layer, Mantle, Plume, Tempo and Canton, which are not yet among this record's networks.

Metrics

  • ~$4.28bnTokens in circulation · as of 11 Oct 2026[4]
    On-chain via DefiLlama; sum of its per-chain balances.
  • ~$1.51bnTokens in circulation · as of 11 Oct 2026 · on Ethereum[4]
    On-chain via DefiLlama.
  • ~$1.42bnTokens in circulation · as of 11 Oct 2026 · on Solana[4]
    On-chain via DefiLlama.
  • ~$1.3bnTokens in circulation · as of 11 Oct 2026 · on BNB Chain[4]
    On-chain via DefiLlama.
  • ~$3.51bnSupply on chain (daily) · as of 7 Nov 2026[9]
    Automated daily reading of on-chain supply across all chains.
  • ~$1.18bnSupply on chain (daily) · as of 7 Nov 2026 · on BNB Chain[9]
    Automated daily reading.
  • ~$1,162Supply on chain (daily) · as of 7 Nov 2026 · on Plume[9]
    Automated daily reading.
  • ~$1.05bnSupply on chain (daily) · as of 7 Nov 2026 · on Ethereum[9]
    Automated daily reading.
  • ~$31,068Supply on chain (daily) · as of 7 Nov 2026 · on Monad[9]
    Automated daily reading.
  • ~$1.23bnSupply on chain (daily) · as of 7 Nov 2026 · on Solana[9]
    Automated daily reading.
  • ~$19.27mSupply on chain (daily) · as of 7 Nov 2026 · on Aptos[9]
    Automated daily reading.
  • ~$10.06mSupply on chain (daily) · as of 7 Nov 2026 · on TRON[9]
    Automated daily reading.

Timeline

  1. Happened 12 Dec 2025 · Regulatory approval · recorded 11 Oct 2026
    The OCC conditionally approves BitGo's conversion to a national trust bank.[3]
  2. Happened 1 May 2025 · Announcement · recorded 11 Oct 2026
    World Liberty says USD1 will be the stablecoin used to close MGX's $2 billion Binance investment.[2]
  3. Happened Mar 2025 (month only) · Launch · recorded 11 Oct 2026
    USD1 launches with BitGo providing reserve custody and mint and redeem infrastructure.[1]

Sources

  1. [1]USD1: The Blueprint for BitGo's Stablecoin-as-a-Service — BitGo, 28 Mar 2025. Accessed 11 Oct 2026.B
  2. [2]World Liberty Financial's USD1 to close Binance's $2 billion investment from MGX — The Block, 1 May 2025. Accessed 11 Oct 2026.C
  3. [3]OCC conditionally approves 5 crypto firms for national trust bank charters — Axios, 12 Dec 2025. Accessed 11 Oct 2026.C
  4. [4]USD1 stablecoin data (API) — DefiLlama, 11 Oct 2026. Accessed 11 Oct 2026.A
  5. [5]Contract Addresses | World Liberty Financial Docs — World Liberty Financial. Accessed 14 Oct 2026.B
  6. [6]USD1 Cross-Chain Token - CCIP Mainnet Networks | Chainlink Documentation — Chainlink. Accessed 14 Oct 2026. Burn-and-mint pools for USD1 on 14 chains, including Ethereum, BNB Chain, Solana, Aptos, Monad, X Layer, Mantle, Plume, Tempo and Canton (read from the directory's token data)..B
  7. [7]USD1 Reserve Report for August 2026, with Independent Accountants' Examination Report — BitGo Bank & Trust (KPMG LLP), 24 Sep 2026. Accessed 28 Oct 2026. Says USD1 is issued and redeemed by BitGo Bank & Trust, N.A., while World Liberty Financial and SC Financial Technologies own the brand..A
  8. [8]What is USD1? — World Liberty Financial. Accessed 28 Oct 2026. Says USD1 is issued and minted by BitGo and that World Liberty Financial does not issue or custody it..B
  9. [9]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A

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