What USD1 is designed to do
USD1 is a fiat-backed stablecoin, currently ranked 34th by market capitalization among the assets we track. USD1 is a tokenized claim on reserves held by its issuer. The design goal is a stable peg, which makes the relevant questions about USD1 reserve quality and redemption, not upside.
USD1 (USD1) is a stablecoin designed to maintain a 1:1 peg with the US dollar, facilitating seamless transactions within the cryptocurrency ecosystem. It aims to provide a stable digital currency solution for users and businesses alike.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Binance Coin (BNB) Token (BEP-20), and Stablecoin.
Where USD1 sits in the market
With USD1 near $0.9978, USD1 carries a market capitalization of $3.87B. Around $207.48M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 5.36% of the float — a healthy level of activity for an asset this size.
Almost the entire USD1 supply is already in circulation (~182.2% of the 2.1B cap), so future dilution is effectively off the table. At the current $0.9978, USD1 sits essentially at its record high — the riskier end of the range for fresh entries.
What the price history shows
Recent moves read 24-hour -0.05%, 7-day -0.11%, 30-day -0.15%, 1-year -0.19%. USD1 is currently trading near the bottom of its 365-day range (around the 23rd percentile of recent closes).
Volatility profile
Recent action puts USD1 in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -0.15%, a useful input for stop placement and position sizing.
How to evaluate a stablecoin like USD1
A grounded read on USD1 comes down to three questions:
- Reserve quality — what backs USD1 — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
