1. 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. treasuries 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.
2. 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/usd1/terms .

Access to the services described on this website may be restricted by laws and regulations in certain jurisdictions...

All reserve assets backing USD1 are held or maintained by BitGo Trust Company, Inc., a South Dakota-chartered trust company...

BitGo and entities affiliated with World Liberty Financial, Inc. are entitled to interest earned on the reserve assets backing USD1...