The best (most secure) wallet for World Liberty Financial USD (USD1)
Are you an active cryptocurrency user and a professional in your field? Or are you just starting your journey and looking for the best way to store your USD1? Choose Cropty Wallet - a versatile and reliable crypto wallet, proven by time!




World Liberty Financial USD Rates

Is there an official wallet for World Liberty Financial USD
There is no special "official" USD1 wallet from WLFI. The company does not offer its own wallet app for storing the token.
To store and manage USD1, you can use any wallets compatible with this cryptocurrency that support ERC‑20 (Ethereum) or BEP-20 (BNB Smart Chain) tokens. Both non-custodial and custodial wallets are suitable for storage.
Here are some solutions you can try:
- You can purchase USD1 on the MoonPay platform and transfer your funds to another wallet by specifying the address at checkout.
- You also have the option to create a wallet directly on this service and store the cryptocurrency there.
- The Blockchain.com platform also supports purchasing, storing, and transferring USD1 through its service and DeFi wallet.
- Some exchanges, such as Bybit, have already listed USD1 on their platforms. You can hold the token right there.
When choosing a crypto wallet, we recommend you consider the following factors:
- Network support — the wallet must work with Ethereum (ERC-20) or BNB Smart Chain (BEP-20).
- Storage type — you can choose either a custodial or non-custodial wallet based on your personal needs and preferences.
- Security — availability of two-factor authentication, protection of the seed phrase, and the developer's reputation.
- Compatibility with purchasing services — the ability to buy USD1 directly in the wallet.
- User interface convenience — whether the wallet has mobile/desktop apps, how easy and convenient it is to use, and how transfers operate.
- Backup support — ensure that if you lose access to your device, you can restore access to your account.
Cropty Wallet is an excellent solution that meets all the above criteria! It is a reliable, convenient custodial wallet with which you can easily manage your USD1. Here you can not only store cryptocurrency but also purchase and transfer it. Enjoy using it, and the multilingual support service, available 24/7, will always help you resolve any issues!
Best World Liberty Financial USD wallets to Store your USD1





Cropty
Cropty Wallet - is a custodial wallet that offers a simple and secure way to store, manage, and use cryptocurrency. It is suitable for users of any experience level, from beginner crypto enthusiasts to experienced traders and cryptocurrency holders.
Overview
Pros
- Security: Cropty Wallet uses a multi-layered approach to security, including cold storage, secure communication channels, and ISO/IEC certification.
- Ease of use: The wallet has an intuitive interface, making it simple to use even for beginners.
- Additional features: Cropty Wallet offers a range of additional features not available in non-custodial wallets, such as instant fee-free transfers, donation collection, and account recovery.
Cons
- Custodial: Cropty Wallet is a custodial wallet, meaning your keys are held by us. While this may be a drawback for some users, it enables us to provide you with new unique features.
- Limited cryptocurrency support: Cropty Wallet supports a limited number of cryptocurrencies, and you do not have the ability to add your own currency or token to the Cropty wallet
Summary
Cropty Wallet is not just a wallet for storing cryptocurrency. It allows you to:
1. Take out loans secured by cryptocurrency: Get stablecoins using your crypto assets as collateral. Cropty offers convenient and flexible loan terms and low interest rates. Use the borrowed funds for investments, purchases, or other purposes.
2. Earn on stablecoins: Deposit stablecoins into a yield farm and earn passive income by renting them out to other Cropty users with cryptocurrency collateral. It's a reliable and secure way to generate income from your stablecoins, such as USDT.
3. Refer friends and earn: Utilize the Cropty Wallet referral program and receive rewards for each new user you bring in. The more friends you invite, the more you'll earn. Share your wallet link on social media or directly with friends and earn cashback on each of their transactions.

Ledger
Ledger is a hardware cryptocurrency wallet that provides secure storage for your cryptocurrencies. It operates as a USB device and does not rely on a computer or smartphone for security. Ledger supports over 1800 cryptocurrencies and tokens, as well as allows you to manage your assets with the Ledger Live app.
Overview
Pros
- High security: Ledger uses a security chip with CC EAL5+ certification, providing the highest level of protection for your cryptocurrencies.
- Ease of use: Ledger Live is a convenient application that allows you to easily manage your cryptocurrencies.
- Additional features: Ledger offers additional features such as the ability to stake cryptocurrencies and authentication in Web3 applications.
Cons
- Cost: Ledger is a relatively expensive wallet compared to other hardware wallets.
- Connection to a computer required: To use Ledger, you need to connect it to a computer or smartphone.
- Limited selection of currencies: Ledger Live does not support all cryptocurrencies, so you may need to use other applications to manage your assets.
Summary
Ledger is one of the most popular and reliable hardware wallets on the market. It offers the highest level of security, supports multiple cryptocurrencies, and has a user-friendly interface. However, Ledger is a relatively expensive wallet, and you need to connect it to a computer or smartphone for use.
If you are looking for the most secure way to store your cryptocurrencies, Ledger is an excellent choice. However, if you are looking for a more affordable wallet or do not need to store a large amount of cryptocurrencies, you may consider other options.
Overall, Ledger is a great hardware wallet for those seeking a reliable and secure way to store their cryptocurrencies.

Trezor
Trezor Wallet - is a hardware wallet designed to securely store cryptocurrencies. It provides reliable protection for your crypto assets from online threats such as hackers and malware.
Overview
Pros
- Enhanced security: Trezor Wallet provides a higher level of security compared to software wallets.
- Ease of use: The Trezor wallet is easy to use, even for beginners.
- Control over your keys: You will always have full control over your crypto assets.
Cons
- Cost: Hardware wallets Trezor are more expensive than software wallets.
- You will need to carry a physical device to access your crypto assets.
- Limited functionality: Hardware wallets typically have limited functionality compared to software wallets.
Summary
Despite its high level of security, Trezor is easy to use. The wallet interface is clear and user-friendly, even for beginners. All cryptocurrency operations can be performed with just a few button presses.
Trezor is compatible with a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and many others. The wallet also supports different platforms such as Windows, macOS, Linux, Android, and iOS (for viewing only).
Overall, Trezor is an excellent choice for those seeking a reliable and secure way to store cryptocurrencies. It is easy to use, compatible with a wide range of cryptocurrencies and platforms.

ByBit
ByBit is a centralized cryptocurrency exchange founded in 2018. It offers a wide range of services including spot and margin trading, perpetual contracts, options, Launchpad and more. ByBit is known for its simple interface, high liquidity, and low fees.
Overview
Pros
- Security: ByBit uses cutting-edge security methods such as storing assets in cold wallets, two-factor authentication (2FA), and data encryption.
- Ease of use: The ByBit wallet interface is simple and user-friendly, even for beginners.
- Functionality: ByBit offers a wide range of features, such as the ability to convert cryptocurrencies, track portfolios, and make transactions.
- Low fees: ByBit has some of the lowest fees in the industry.
- Mobile app: ByBit offers a mobile app for iOS and Android that allows you to manage your assets on the go.
Cons
- Custodial: ByBit is a centralized exchange, which means you do not own your private keys.
- Limited cryptocurrency support: ByBit supports a limited number of cryptocurrencies compared to other wallets.
- Support: ByBit Customer Support may be slow and not always responsive.
Summary
Wallet and exchange ByBit is a good option for those looking for a simple and convenient way to store cryptocurrencies. ByBit has a good reputation in terms of security and offers a wide range of features. However, it is important to remember that ByBit is a centralized exchange, which means you do not own your private keys. If you are looking for a more secure option, you should consider using a non-custodial wallet.
Overall, the ByBit wallet is a good option for both beginners and experienced users who are looking for a simple and convenient way to store cryptocurrencies.
How to Create an World Liberty Financial USD Wallet?

The Most Convenient Way

The Most Stylish Way

The Most Secure Way
Which wallet is best suited for World Liberty Financial USD
Cropty Wallet is a custodial crypto wallet that has its own app (iOS and Android). You can also use the web version. Choose what is convenient for you! In this wallet, you can store your USD1, manage assets, take loans secured by USD1, and more!
What Cropty Wallet offers:
- Support for multiple tokens beyond USD1. Cropty supports hundreds of tokens on several networks: Ethereum, BNB Smart Chain, Bitcoin, Tron, Polygon, and others, including USD1.
- High level of security. Cropty Wallet - custodial wallet. The platform ensures secure storage of private access keys and guarantees their safety. Latest generation encryption protocols are used! Cropty uses two-factor authentication (2FA). Thus, each operation is securely protected.
- Simplicity and convenience. Cropty Wallet has an intuitive interface. The wallet is perfect for both beginners and experienced cryptocurrency users. The app features automatic synchronization between devices: the mobile app and the web version synchronize with each other. You can recover your account via email or phone number. Easy and simple! No seed phrase!
- Fast and free transfers within the Cropty network. No commission is charged for transfers between Cropty users. Transactions are conducted at very high speed, thanks to side‑chain technology.
- Additional functionality: the ability to earn cryptocurrency and take loans secured by USD1. Cropty offers users the opportunity to earn interest on deposits. You can take a loan secured by USD1 and immediately access the funds without additional checks.
- Training and support. The application has a special program - Crypto Academy. It helps users navigate the world of cryptocurrencies and enhance their skills. This way you can easily go from beginner to professional in the shortest time! Cropty Support Service operates 24/7. In addition, if you encounter any issues, the wallet team will assist you promptly! You will be answered in your native language, as support is provided in many languages!
- Referral program and cashback. Cropty Wallet has its own referral program. Invite your friends and colleagues and earn from their activity in the partner app!
Cropty Wallet is the perfect choice for those who value comfort, convenience, and reliability. After all, these aspects are the key factors when choosing a means of storing assets. The wallet combines ease of use, high security, support for multiple cryptocurrencies, additional services for working with cryptocurrencies, and a lucrative referral program! Use Cropty Wallet to earn cryptocurrency and store it in a secure, convenient, and multifunctional crypto wallet!
Best World Liberty Financial USD wallet for Android
Cropty Wallet is adapted for Android and offers numerous advantages for Android device users. With this wallet, you can confidently manage your assets without any issues on any device!
And here’s why:
- Excellent optimization. The app runs smoothly even on mid-range devices! The interface is tailored for Android and operates without difficulties or interruptions.
- You will receive real-time Push notifications. Instant alerts about incoming/outgoing transactions in USD1 and any balance changes will be sent to your phone.
- Biometric authentication is available. Cropty supports app login via fingerprint and Face Unlock.
- Integration with Android services and system. You can easily copy wallet addresses and share them through any messengers and apps.
- Data autosynchronization is supported. All balance changes and transactions are monitored, and information is instantly updated on the account, even when logging in from another Android device.
- You will save battery and data. Cropty is optimized so that background operation does not consume unnecessary phone resources.

Best World Liberty Financial USD wallet for iOS (Apple)
Cropty Wallet is perfect for iOS users, as it takes full advantage of all iOS functionality. The app is very convenient and reliable. You can rest assured about the safety of your funds and enjoy using it!
Here's what Cropty offers to iOS users:
- Cropty is fully optimized for iOS. The app is adapted to the iPhone and iPad interface, supporting all Apple device features.
- You will receive real-time push notifications. You will get alerts about transactions and any balance changes. You can see them even on the lock screen.
- Authorization via Face ID and Touch ID is provided. You can log into your account using Face ID or Touch ID. Safe, easy, and convenient!
- Cropty is integrated with the iOS Share Sheet. You can easily share wallet addresses and any data with other apps and messengers.
- Cropty syncs via iCloud. You can quickly access your account on another iOS device. All settings will be saved!
- The wallet saves battery power and has high performance. The app does not consume extra power when running in the background. Cropty Wallet works fast, smoothly, and without any difficulties.

The best cold wallet for storing World Liberty Financial USD
Using a cold wallet is the safest way to store cryptocurrency long-term. For USD1, which is available on the Ethereum (ERC-20) and BNB Smart Chain (BEP-20) networks, cold wallet will also be the most reliable choice.
The main advantage of a cold wallet is that private keys are stored on a physical device. This makes it impossible to access the funds remotely.
One of the leaders in this segment is the company Ledger with its Ledger Nano X and Ledger Nano S Plus devices.
What Ledger offers to its users:
- USD1 support. Ledger, through the Ledger Live app and integration with MetaMask or Binance Chain Wallet, allows you to store USD1 as an ERC-20 or BEP-20 token. You can safely send and receive USD1 directly from the device. All access keys remain on the physical device.
- High level of security. Private keys are stored in a certified Secure Element chip (CC EAL5+). The same chip is used in the latest generation of bank cards. Transaction signing is performed inside the device. Access keys never leave Ledger. You can set a PIN code to protect the device. You can also set up hidden wallets (Passphrase).
- Compatibility with other devices and convenience. Ledger Nano X supports Bluetooth, allowing you to connect the wallet to your smartphone wirelessly. The wallet has its own application – Ledger Live, available on Windows, macOS, Linux, iOS, and Android. The app is integrated with popular Web3 wallets: MetaMask, Rabby, Binance Wallet, and others. Ledger supports DeFi, DApps, and exchange platforms where USD1 can be used.
Ledger is ideal for those who do not plan to make frequent transactions but want to store large amounts of USD1 for a long time. You can store both versions of USD1 — ERC-20 and BEP-20 — simultaneously, separating them into different accounts in Ledger Live.

The most secure crypto wallet for World Liberty Financial USD
A paper cryptocurrency wallet is the most reliable way to store USD1. Essentially, it is just a sheet of paper that holds your access keys. Such wallets can be created using special generator services.
In Cropty Wallet, you can also create such a wallet! It is easy and simple to do—just a few clicks. After creating the wallet, you only need to print the access keys and links on paper.
Here are some advantages of a paper cryptocurrency wallet worth noting:
- The highest level of security. The private key is stored on a paper medium. Remote access to your funds is impossible.
- Funds in the wallet can be stored for a long time. Under proper conditions, a paper wallet can last for years. The main thing is to keep it in a safe place, away from moisture, heat, and sunlight.
- No dependence on hardware. Such a crypto wallet does not need to be connected to a computer, smartphone, or any software for storage.
- You can create multiple paper wallets. You can create a paper wallet for Ethereum (ERC-20) and separately for BNB Smart Chain (BEP-20) to store USD1 in both versions.

How to Buy World Liberty Financial USD - Beginner's Guide
There are two key ways to buy USD1. You can purchase cryptocurrency using p2p exchange or online exchanges. Let's take a closer look at both methods.
P2P
These are direct transactions between users. The buyer and seller agree on the price and payment method, and the platform, such as Binance or Bybit, acts as a guarantor, locking the cryptocurrency in a special account until the payment is confirmed. USD1 can be purchased from users who already own this stablecoin on the Ethereum (ERC-20) or BNB Smart Chain (BEP-20) networks.
Advantages:
- You can choose a convenient payment method. You can arrange a transfer via bank card or electronic wallets.
- The rate is usually more favorable. When exchanging via p2p, you can exchange currency at the most favorable rate.
- No exchange fees for transfers and withdrawals. You only pay for the trade itself.
Disadvantages:
- There is a risk of fraud. When using unverified platforms, you may encounter dishonest sellers. Trust only verified and reliable services!
- P2p deals take time. It all depends on how quickly the seller confirms the payment
- It is preferable to have some experience using cryptocurrency. It is very important to be able to check the seller's reputation and the terms of the deal.
We have a detailed guide on how to buy cryptocurrency using p2p. Read it!
Online exchanges
Online exchange is a service that automatically converts your fiat money (dollars, euros, etc.) into cryptocurrency. Here are the most popular aggregators you can use: BestChange, OKChanger. To buy currency, you just need to choose the exchange with the best rate and transfer the funds. As soon as the payment is received, the service will send USD1 to your wallet.
Advantages:
- Simplicity. You don't need to negotiate with other people for a deal. The exchange is processed automatically.
- Speed. Transactions are processed very quickly. Usually, the exchange takes from a few minutes to an hour.
- You can choose from many payment methods. You can make a transfer from any bank account.
Disadvantages:
- The exchange rate is usually less favorable. The exchange charges a certain fee for maintaining the exchange.
- There is a risk of choosing a fake exchange. It is important to check the reputation and reviews of aggregators.
- Fees apply. Exchanges include them in the rate.
To learn how to use exchanges correctly, read our detailed guide!
Where is the safest place to buy World Liberty Financial USD
There are many services where you can quickly, profitably, and safely purchase USD1! We will offer you a selection of the best in our opinion and explain why you should take a closer look at them.
Binance
This is one of the most reliable platforms to buy cryptocurrency. It has earned her reputation and is in high demand among users! Moreover, World Liberty Financial recommended purchasing USD1 through its partners, and Binance is one of them. This once again confirms the legitimacy and reliability of the platform.
Here are some advantages of Binance:
- High level of security. Binance is one of the largest and most technically advanced crypto exchanges. The platform has multi-level protection, including 2FA (two-factor authentication), supports asset storage in cold wallets, and conducts regular audits.
- Official support for USD1. USD1 can be purchased directly on Binance through the Buy Crypto option. You can use a bank card, Google Pay, Apple Pay, and other methods for purchase.
- Proven infrastructure. Binance operates in many jurisdictions and maintains high security standards.
MoonPay
MoonPay is a global service for buying and selling cryptocurrencies and digital assets. For transactions, familiar payment methods are used: bank cards, Apple Pay, Google Pay, and others. The company was founded in 2019. It operates in more than 150 countries and collaborates with major crypto projects, exchanges, and NFT platforms.
Main advantages:
- Interface simplicity. You can register in just a few minutes!
- Multiple payment methods, including Apple Pay and Google Pay.
- Fast transaction processing (often within minutes).
- Integration with popular crypto services such as Binance, Trust Wallet, Ledger, and others.
Budget
Bitget is a major international cryptocurrency exchange founded in 2018 in Singapore. It is focused on both spot and derivatives trading. The platform is rapidly developing and ranks among the top global exchanges by futures trading volume. Bitget is available to users from over 100 countries, has millions of registered accounts, and offers a wide selection of cryptocurrencies, including USD1.
Key advantages of Bidget:
- Support for USD1 on the spot market.
- Low trading fees (from 0.1% and lower when using the BGB token).
- Developed ecosystem (P2P, Earn, futures, copytrading).
- High liquidity and fast order execution.
- There is a web version, as well as apps for Android and iOS.

What is World Liberty Financial USD
USD1 is a fiat-backed stablecoin pegged to the US dollar at a 1:1 ratio. It was launched in March 2025 by World Liberty Financial (WLFI). WLFI is both a DeFi protocol and a crypto company founded in 2024. This company is closely connected to the Donald Trump family.
By April–May 2025, USD1 became one of the fastest-growing stablecoins: its market capitalization exceeded $2.1 billion. By June–August 2025, the market cap reached $2.2 billion. And all this happened in just 90 days! An extremely impressive result!
USD1 also attracted the attention of many investors. In May, for example, one of the largest companies from Abu Dhabi (MGX) invested in USD1.
At the time of this publication, the USD1 rate consistently holds at $1!
Key Features of USD1
Reliable Collateral
USD1 is fully backed by US bonds, dollar deposits, and other cash equivalents held by the regulator-supervised World Liberty Financial custodian — BitGo Trust Company.
Stablecoin Features
Each USD1 can theoretically be redeemed for one US dollar. This enables arbitrage opportunities when the market price deviates from the 1:1 peg.
Multichain Ecosystem Development
USD1 operates on Ethereum (ERC-20) and BNB Smart Chain (BEP-20). WLFI plans expansion to other blockchains, including TRON. Thanks to integration with Chainlink CCIP, cross-chain compatibility has also been implemented. Transfers between networks are now as secure and convenient as possible.
Extensive Market Support and Growth
USD1 is actively listed on Binance and other platforms, has a daily turnover of about $500 million, and consistently trades at $1.
Political Aspect and Media Mentions
USD1 is directly linked to Trump and his DeFi initiatives. The very fact that the US president is involved in the project sparks interest among crypto enthusiasts as well as some criticism. Nevertheless, all this generates attention to the project, which will contribute to its growth and development in the future.
How to sell World Liberty Financial USD
You can sell USD1 in two main ways — through centralized exchanges or using P2P platforms and online exchanges.
If you choose an exchange, the process usually looks like this:
- You transfer your USD1 tokens to a trading platform where this stablecoin is supported, for example Binance or Bitget.
- After the funds are credited to your balance, you open a trade, sell USD1 for another cryptocurrency or fiat, and withdraw the received money to your card or external wallet.
This method guarantees high liquidity and fast order execution, but verification and commission payment will be required.
There is another way - P2P trading or online exchanges. In the case of P2P, you directly find a buyer through a special service.
The process looks like this:
- You find a buyer on the service.
- You transfer USD1 to the seller.
- The funds are locked until payment is received from the buyer.
- The buyer transfers the funds, which are credited to your balance, and your funds are transferred to them.
Online exchanges are even simpler:
- You specify the amount of USD1, the method of receipt, and the details.
- Then you transfer the tokens to the wallet address of the service.
- You receive money to your card or wallet.
When choosing a purchase method, prefer the one that suits your needs. If you need to buy USD1 as quickly as possible - choose an exchange. If you plan to trade cryptocurrency - use an exchange. If you want to buy currency at the most reliable rate - use P2P exchange.
To swap USD1, you can use the same services that you use to buy cryptocurrency: centralized exchanges, p2p, or online exchanges.
The choice also depends on your main needs. If speed is your top priority, choose online exchanges. If you want to exchange at the best rate, then you should consider p2p. If you're interested in trading, use an exchange.
If you use p2p exchange, then you should:
- Select a suitable service.
- Find a seller.
- Transfer USD1.
- Receive another cryptocurrency in your balance.
When swapping on a cryptocurrency exchange, the exchange process occurs as follows:
- You register on the exchange.
- Select USD1 and another cryptocurrency to exchange.
- A deal will be created.
- Transfer USD1.
- Receive another cryptocurrency in your balance.
Swapping via online exchanges is the fastest and easiest:
- Go to any aggregator, for example BestChange.
- Choose an exchange with a suitable rate.
- Transfer USD1.
- Receive another cryptocurrency in your balance.
How to stake World Liberty Financial USD
Staking USD1 is one of the most reliable ways to earn this cryptocurrency. You can deposit your tokens on a platform to earn interest and receive passive income. At the same time, the stablecoin remains pegged to the dollar.
How it works:
- Choose any platform that supports USD1 staking. It can be a centralized exchange (Binance, Biget) or a crypto wallet (Cropty Wallet).
- Decide on the type of staking. There are two types of staking: fixed or flexible. With fixed staking, funds will be locked for up to 90 days. With flexible staking, funds can be withdrawn at any time.
- Transfer USD1 to the platform. Send the funds to the platform where you will stake USD1. Make sure the correct network is selected (ERC-20 or BEP-20). Check the minimum deposit.
- Select the Earn/Staking feature. Find USD1 in the asset list. Specify the amount and lock-up period if you choose fixed staking. Confirm the token placement.
- Receive passive income. Interest will be accrued daily or weekly depending on the terms. You can monitor the status of your assets in real time.
- Withdraw funds. If you chose fixed staking, you can withdraw funds only after the lock-up period ends. With flexible staking, you can withdraw at any time.
Keep in mind: it is important to assess all risks when staking. Be aware that centralized exchanges carry the risk of freezing or blocking funds. If you use DeFi, note that smart contracts can be vulnerable. Choose only verified staking platforms with clear terms!
How to earn World Liberty Financial USD
There are various ways to earn USD1. You can choose any available option or even use several at once. We have prepared a selection of the most basic and reliable methods for you. Prefer those that suit you best!
How to earn USD1:
- Stake your USD1. Place USD1 on exchanges. Place USD1 on an exchange (Binance Earn, Bitget Earn) or in a wallet (Cropty Wallet) to earn interest. The yield depends on the lock-in period when choosing a fixed staking method and the platform's terms.
- Take loans secured by USD1. In the Cropty Wallet app, you can lock your USD1 as collateral and receive other assets. You do not lose ownership of your coins. In this earning method, other borrowers pay interest, which becomes your income.
- Participate in DeFi processes. You can add your USD1 to a liquidity pool on decentralized exchanges such as Uniswap, PancakeSwap, or Curve. You will earn interest from trading fees.
- Engage in P2P trading. You can sell USD1 directly to other users at your own rate on P2P platforms. Profit from the difference between buying and selling prices.
- Take part in arbitrage trading. Earn from price differences of USD1 between ERC-20 and BEP-20 networks or different exchanges. Buy cryptocurrency cheaper, sell it higher, and lock in the profit difference.
- Trade actively. Buy and sell USD1 to profit from price differences with other assets. Income from this method often depends on your ability to analyze the market and manage risks.
- Join referral programs. Invite new users through your personal link and earn income from their activities. Cropty Wallet has such a program. Give it a try!
USD1 cannot be mined in the conventional sense, like Bitcoin or Ethereum, for example. It is not a mining cryptocurrency, but a fiat-backed stablecoin issued by the centralized company World Liberty Financial (WLFI).
The creation of new USD1 does not require the computing power of high-performance equipment. New USD1 tokens appear only when an investor or organization transfers the equivalent in US dollars or other approved assets to the issuer. These are mainly dollars, US bonds, and other cash equivalents. WLFI issues the corresponding amount of USD1 on the Ethereum (ERC-20), BNB Smart Chain (BEP-20), or another supported blockchain network.
How long do transactions take for World Liberty Financial USD
The transaction time for USD1 directly depends on which blockchain network you use it on. The fact is, the token itself is just a smart contract based on the chosen network.
Ethereum (ERC-20). On average, a USD1 transfer takes from 15 seconds to 5 minutes, depending on network congestion and the gas fee set. With high fees, confirmation can arrive almost instantly, while with minimal fees you may have to wait a bit longer.
BNB Smart Chain (BEP-20). In this network, the transaction usually goes faster and takes about 3 to 30 seconds. This is because blocks are created roughly every 3 seconds, and the network is less often congested.
In any case, the transfer of USD1 itself happens almost instantly after the transaction is included in a block. The main delay is often related to long confirmation times from the platform or exchange to which you are sending the token.
Learn more about USD1 transaction fees
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