- Coinbase has added USD-1 to its platform four months after the stablecoin launched on Ethereum in April 2025.
- USD-1 has reached $2.3 billion in market cap, highlighting its rapid adoption in the digital asset market.
- The listing aligns with Coinbase’s recent push to expand stablecoin support, including USDC on the Base network.
Coinbase has officially listed World Liberty Financial USD (USD-1), a stablecoin pegged to the U.S. dollar and built on the Ethereum blockchain. The listing, confirmed by Coinbase on August 21, expands the exchange’s stablecoin offerings and enables users to buy, sell, convert, send, receive, and store USD-1 through its web and mobile platforms.
The decision to list USD-1 comes just four months after its mainnet debut in April 2025. Initially introduced with limited trading pairs, Coinbase has now opened full trading access as liquidity requirements have been met. Users can now transact USD-1 through the USD1-USD pair and other supported pairings on the platform.
Significant Growth Despite Short Market History
Since its launch, USD-1 has gained notable traction among digital asset users, particularly due to its U.S. dollar peg and positioning on Ethereum. As of the announcement date, USD-1 had amassed a market capitalization of $2.3 billion, signaling strong demand and institutional interest.
Coinbase emphasized that USD-1 should only be transferred through the Ethereum network. The exchange identified 0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d as the official contract address, warning that using other networks could result in unrecoverable losses. While USD-1 is accessible on Coinbase platforms, availability may vary depending on local regulatory conditions.
Move Reinforces Coinbase’s Stablecoin Strategy
The listing of the USD-1 takes place after various recent stablecoin-related announcements by Coinbase. The expansion came barely a week after the exchange expanded the support to USDC on the Base network. These measures are part of Coinbase’s larger objectives to expand in the stablecoin sector by creating even safer and more regulated resources for digital dollars.
Now that the listing is active, American users have greater access to a new stablecoin in the environment of a compliant and regulated exchange. The migration will boost further user activity, especially among those who are looking to get dollar-pegged assets with an Ethereum version under them.
