Attestation reports
USD1 reserve attestation reports are published monthly to ensure transparency into the backing of USD1 stablecoin.
Transparent. Secure. Stable.
USD1 is 100% backed by U.S. cash, U.S. government money market funds, and other cash equivalents, to help ensure stability and liquidity at all times.
You can also check the Proof of Reserves for live on-chain data.
Trust & verification
✅ Regular Reports
Monthly proof of reserves published for transparency
✅ Fully Redeemable
USD1 is redeemable for USD
✅ Independent Verification
Reports prepared in accordance with AICPA attestation standards
Monthly reports
USD1 reserve holdings are disclosed by management on a monthly basis. An independent accounting firm examines management's assertion regarding the presentation and disclosure of USD1 redeemable tokens outstanding, the related redemption assets, and their comparison, in accordance with the 2025 AICPA Criteria for Asset-Backed Fiat-Pegged Tokens.
Provided by BitGo
USD1 is issued by BitGo, a digital asset infrastructure leader in digital asset security, custody, and liquidity.
About the attestation process
The attestation reports verify:
USD1 tokens outstanding - Total circulating supply of USD1
Redemption assets - U.S. cash, U.S. government treasuries, U.S. government money market funds, and other cash equivalents backing USD1
Comparison - Verification that reserves meet or exceed tokens in circulation
An independent accounting firm examines management's assertions regarding USD1 reserves. The examination is conducted in accordance with:
AICPA Attestation Standards
2025 AICPA Criteria for Asset-Backed Fiat-Pegged Tokens
Attestation reports are published monthly to ensure ongoing transparency and trust in the USD1 stablecoin ecosystem.
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