USD1 [Old]
USD1Project Safety Score: 50%
Updated 3 weeks, 3 days agoUSD1 is a stablecoin that serves as the native currency within the Kinesis ecosystem, pegged to the US dollar at a 1:1 ratio. It operates on both the Stellar blockchain and the Ethereum network using the ERC-20 standard.
The coin is backed by over $15 billion in reserves and emphasizes security and transparency with monthly attestations. It aims to facilitate low-cost, fast transactions within the Kinesis platform, which integrates various financial services.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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USD1 [Old] (USD1) Price Today, News & Live Chart