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USD1 is always redeemable by eligible USD1 holders on a 1:1
basis for U.S. dollars and backed by a reserve of U.S. dollars
and U.S. Government Money Market Funds that have the full faith
and credit of the U.S. government. A USD1 holder who acquires
USD1 in the secondary market is required to complete BitGo's
onboarding requirement before they can redeem USD1.
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Bridge service is a third party service provided solely by
Chainlink CCIP directly between wallet holders and Chainlink
CCIP.
No legal, tax, investment, or other advice is provided by any
entity. Please consult your legal, tax, and investment
professionals for questions about your specific circumstances.
Digital assets are subject to several risks, including price
volatility. Transacting in digital assets could result in
significant losses and may not be suitable for some consumers.
Digital asset markets and exchanges are not regulated with the
same controls or customer protections available with other forms
of financial products and are subject to an evolving regulatory
environment. Digital assets do not have legal tender status and
are not covered by deposit protection insurance. The past
performance of a digital asset is not a guide to future
performance, nor is it a reliable indicator of future results or
performance.
Additional disclosures can be found at
https://www.bitgo.com/legal/disclosures/. Access to the services described on this website may be
restricted by laws and regulations in certain jurisdictions.
Applicable legal requirements may prevent certain visitors from
being solicited or offered certain services. Please note that the
services described on this website are intended to inform eligible
customers and do not constitute an offer to transact business with
any person in any jurisdiction where such an offer would be
considered unlawful. If you choose to access this website, you do
so at your own initiative and risk and confirm your understanding
that services described herein are only intended to be offered to
eligible customers.
All reserve assets backing USD1 are held or maintained by BitGo
Trust Company, Inc., a South Dakota-chartered trust company
("BitGo Trust"), and/or by BitGo Technologies LLC, a federally
registered money services business and state-licensed money
transmitter ("BitGo Tech," together with BitGo Trust and their
other affiliates, "BitGo"). BitGo issues USD1, and World Liberty
Financial, Inc. and affiliated entities, own the World Liberty
Financial USD1 brand and provide certain services. BitGo processes
all initial purchases and redemptions of USD1 and provides related
technical infrastructure and services.
BitGo and entities affiliated with World Liberty Financial, Inc.
are entitled to interest earned on the reserve assets backing USD1
pursuant to agreements between these entities. DT Marks SC LLC, an
entity affiliated with Donald J. Trump and certain of his family
members, has an indirect economic interest through majority equity
ownership in an affiliate of World Liberty Financial Inc. which is
entitled to interest earned on the reserve assets backing USD1
held or maintained by BitGo. Any references to or quotes or
imagery attributed to or associated with Donald J. Trump or his
family members should not be construed as an endorsement or
representation or warranty with respect to any product or service
offering. USD1 is being offered by BitGo and World Liberty
Financial, Inc., and their respective affiliates. USD1 is not
political or associated with any political campaign.