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