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Stablecoin Launch Trump-Backed USD1 on BNB

World Liberty Financial Launches USD1 Stablecoin on BNB Chain

  • World Liberty Financial (WLFI), backed by President Trump and his sons, launched the USD1 stablecoin on the BNB Chain.
  • The project is developing three products, including a lending and borrowing market.
  • Wintermute’s public wallet conducted test transfers with USD1 across Ethereum and BNB Chain networks.
  • WLFI completed $550 million in token sales recently.
  • Partnerships formed with blockchain protocols like Chainlink and Aave to enhance DeFi offerings.

World Liberty Financial has introduced the USD1 stablecoin on the BNB Chain, backed by significant partnerships and a recent $550 million token sale. The project aims to integrate TradFi assets into DeFi through its upcoming products.

Source (2.6)https://cryptobriefing.com/trump-backed-usd1-stablecoin-launch/?rand=59535
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