USD1 — A Stable Digital Dollar for Modern Crypto Use
USD1 is a dollar-pegged stablecoin created to keep its price close to one US dollar while running on blockchain networks for fast and low-friction transfers. It is designed for people who want crypto speed and global reach without the high volatility of traditional cryptocurrencies. The token is generally supported by reserve assets or cash equivalents to maintain value stability and user trust. USD1 can be used for trading, online payments, cross-border remittances, decentralized finance activity, and storing funds on-chain.
Its core advantage is combining price stability, transparency, and quick settlement, making it a practical bridge between traditional dollar finance and digital asset ecosystems.