USD1 is the U.S. Dollar stablecoin issued by World Liberty Financial (WLF) — a new project bridging DeFi and TradFi (decentralized and traditional finance). Backed 1:1 by U.S. Dollar reserves, USD1 aims to combine financial freedom with institutional-grade security, making it one of the newest stablecoins entering the global market.
With Oobit, you can use USD1 to pay anywhere Visa is accepted, or convert it instantly into local currencies for real-world use.
World Liberty Financial (WLF) is a financial technology group developing blockchain-based assets that connect digital and traditional finance. Its mission is to create transparent, compliant, and borderless assets that empower users to access financial freedom globally.
The organization is behind the USD1 stablecoin, which serves as the foundation of its ecosystem. According to World Liberty Financial’s official website, the project aims to merge DeFi transparency with real-world asset backing.
USD1 arrives at a time when stablecoins are transforming the global payments landscape. By combining financial stability, institutional trust, and user accessibility, USD1 seeks to be more than a crypto asset, it’s a step toward open, global finance.
World Liberty Financial positions USD1 as a digital dollar for everyone — from individuals seeking to protect their savings to businesses needing stable, fast cross-border settlements.
The USD1 stablecoin is issued when users deposit U.S. Dollars with World Liberty Financial’s custodial partners. Each USD1 can be redeemed 1:1 for USD, maintaining its peg through regular audits and verified reserves.
Transactions occur on-chain, offering:
As with all fiat-backed stablecoins, USD1 depends on the transparency and reliability of its issuers and custodians. Regulatory changes, custodial management, or liquidity constraints could impact its peg stability.
However, World Liberty Financial’s emphasis on compliance and real-asset backing makes USD1 a promising addition to the regulated stablecoin landscape.
Once listed, USD1 will be available on major crypto exchanges and apps, including Oobit, for easy conversion and spending.
Users will also be able to acquire USD1 through World Liberty Financial’s website and swap it with other stablecoins like USDT or USDC.
Stay updated with CoinMarketCap’s USD1 listing for price and exchange availability.
Once listed, USD1 will be available on major crypto exchanges and apps, including Oobit, for easy conversion and spending.
Users will also be able to acquire USD1 through World Liberty Financial’s website and swap it with other stablecoins like USDT or USDC.
Stay updated with CoinMarketCap’s USD1 listing for price and exchange availability.
World Liberty Financial (WLF)
U.S. Dollar reserves
Multiple blockchains (to be announced)
USD1 is a fiat-backed stablecoin issued by World Liberty Financial, pegged 1:1 to the U.S. Dollar.
World Liberty Financial is an independent fintech group developing blockchain-based financial assets and infrastructure.
USD1 is expected to launch across exchanges and wallets during 2024.
Once live, you can buy USD1 on Oobit, CoinMarketCap-listed exchanges, and World Liberty Financial’s own platform.
Yes. USD1 is backed by U.S. Dollar reserves and supported by World Liberty Financial’s regulated custodians.
USD1 focuses on compliance and transparency under World Liberty Financial, combining DeFi efficiency with institutional oversight.
With Oobit, you can turn USD1 into spendable digital money. Pay in-store where Visa is accepted, shop online via Apple Pay and Google Pay, or cash out directly to your bank in local currency.