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PROGRAMMABLEMONEY

Six pieces of programmable money pulled apart layer by layer, and The Full Stack in the middle showing how they connect. Pick a world to open it.

ANATOMY OF ASTABLECOIN

Peg$1.000
Backing101%
In / out6 / 6
GENIUS8/8
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15%
Motion
Theme
Real stablecoin · Anatomy of a Stablecoin

World Liberty Financial USD (USD1)

A digital dollar sold under the World Liberty Financial brand. BitGo, a federally chartered trust bank, issues it and holds the reserves.

Issuer
BitGo, for World Liberty Financial
Launched
Mar 2025
Supply
≈ $3.9B
Route
OCC trust bank
How it is issued
Issuer as a service
License
BitGo Bank & Trust, N.A., an OCC chartered national trust bank since December 2025. World Liberty’s own trust bank won conditional approval in August 2026 and is not open yet
Reserves
Government money market funds and bank deposits (about 85% and 15% in February 2026)
Reports
Monthly attestations by Crowe LLP
Networks
Solana, Ethereum and BNB Chain hold most; also TRON, Aptos, Monad and more
Yield
No. BitGo and World Liberty keep the reserve income; Binance has run its own USD1 rewards
Access
Exchanges such as Binance, and DeFi pools
GENIUS Act
Issued by an OCC chartered trust bank, the federal route. Like every issuer, it waits for the Act to take effect in January 2027 before it can be a permitted issuer.

Check the supply yourself

More stablecoins

XO ctUSD USDT USDC USDe DAI USDG PYUSD RLUSD USDD U TUSD EURC SoFiUSD USDai CASH

Public information as of October 2026, simplified. Not legal or investment advice. Open the full stablecoins world.

Sources165Created by Andres Lamothe