Currency One USD Price

Development by Kinesis Global

USD1 was conceptualized and launched by Kinesis Global Pty Ltd, a subsidiary of the Kinesis Monetary System. The company specializes in asset-backed financial solutions, focusing on precious metals and stablecoins. Kinesis Global’s leadership includes veterans from traditional finance and blockchain sectors, although specific executives are not publicly disclosed.

The project’s governance framework emphasizes transparency, with reserve holdings and audit reports accessible via public blockchain explorers. However, critics have raised concerns about the vagueness of reserve custodianship details, as Kinesis has not disclosed the identities of its banking partners.

Strategic Partnerships

While direct investors remain undisclosed, Kinesis has established collaborations with:

• Currency One Pty Ltd: The official custodian of USD1 reserves, responsible for safeguarding fiat collateral.
• Payment Processors and Exchanges: USD1 is integrated into the Kinesis Pro exchange, facilitating trading pairs with precious metal tokens.