$USD1
What is USD1? Let's clarify in one sentence.
USD1 is a stablecoin focused on the 'institutional use case'.
Its goal is not to create price volatility, nor is it about emotional speculation, but rather —
👉 Provide a reliable, redeemable, and long-term usable 'dollar anchor' on-chain.
If simply analogizing:
• USDT is more like 'cash' in the crypto world
• USDC is more like 'digital bank deposits'
• That USD1 is more like an on-chain dollar settlement layer aimed at institutions
Two, where does the stability of USD1 come from?
USD1 is not an algorithmic stablecoin; it adopts the most mature and easily understood model in the market:
• 1 USD1 ≈ 1 dollar
• What corresponds behind is:
• Dollar cash
• Short-term U.S. Treasury bonds
• High liquidity, low-risk assets
Through the minting/redeeming mechanism, price deviations are corrected by arbitrage and market-making funds.