World Liberty Financial USD
USD1#27USD1 is a US dollar stablecoin branded by World Liberty Financial and issued by BitGo.
- Market cap
- $4.4B
- Volume 24h
- $1.26B
- All-time high
- —
- Circulating supply
- 4.41B
Does not clear all 8 Shariah criteria. Needs caution: interest (riba), excessive uncertainty (gharar), usage, and benefit and harm (maslahah). Fails: business model.
- 3 pass
- 4 caution
- 1 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
USD1 is a US$4.4 billion dollar token issued by OCC-supervised BitGo with KPMG-examined reserves, but its brand owner's conflicts, exchange-heavy holdings and reward-driven demand weigh on it.
Reviewed every 3 months and on major eventsNews: Positive
USD1 expanded to institutional settlement with a native launch on the Canton Network.
Reviewed monthly and when something material happens- PositiveUSD1 launches natively on the Canton Network for institutional settlementThe launch lets USD1 settle alongside tokenized real-world assets in single transactions with Canton's privacy and permission controls; USD1 was about $4.05B in market value at the time (about $4.42B by 27 September 2026), the sixth-largest stablecoin.
- NegativeWorld Liberty Financial mints $25 million of new USD1 days after claiming a repayment in its Dolomite borrowing disputeWLF had borrowed about $75 million against its own WLFI token on Dolomite, pushing the USD1 pool to nearly full utilisation so other depositors could not withdraw. The episode raised questions about related-party use of the stablecoin.
- NegativeNYDIG criticises USD1 for late reserve attestationsWith about $2.7 billion in supply, the latest reserve report then covered July 2025, behind peers; NYDIG also estimated that about 78% of supply sat in addresses linked to overseas exchanges.
Price & market
Doubtful verdict: check the halal analysis before any decision.
Section in preparation
AI-assisted analysis. Not investment advice.
Technical analysis
4HSection in preparation
Where it trades
Section in preparation
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