crypto news

Steplcoin of USD1’s World Liberty Financial is coming to Solana star-news.press/wp

World Liberty Financial, a Defi project that is associated with President Donald Trump, is preparing to extend Stable Stablecoin USD1 to Solana Blockchain.

On August 29, Charles, who heads the strategy of the ecological system in Solana, announced that this step will happen “sooner than you think.”

Usd1 is preparing to enter the Stablecoin market worth $ 12 billion

The co -founder of the Defi Venture Foundation related to the TROMP Zach Witkoff later chanted the message in the X Publication, Saying:

“Solana here we come.”

Meanwhile, the company’s official X account also posted a picture of its logo that was renamed in the Solana Green and Purple colors.

In fact, independent Blockchain analysts have already discovered early signs of this step.

On August 28, Dumpster Dao, a research group, stated that a wallet linked to World Liberty Financial has published a CCIP program on Solana to fill its symbol in WLFI.

A day later, the group Trace Activity that indicates that integration with the main Solana protocols like Camino was ongoing.

According to Dumpster Dao, Kamino Finance – the largest lending platform in Solana – prepared a USD1 custom cellar.

USD1 cellar on Kamino Finance. source: Dun

Vauult’s publishing address matches the details in Kamino documents. The flows on the series also showed that Stablecoin moves from the Kamino Multisig wallet to DePloyer WLFI on Solana.

These details indicate that the offer is progressing beyond the ads to technical implementation.

Meanwhile, this expansion comes as the market value in Solana Stablecoin increased to $ 12 billion. This is his highest level in nearly four months.

According to Defillalama data, Circle’s USDC dominates the series with $ 8.7 billion, followed by Tether’s Usdt with $ 2.17 billion.

Solana Stablecoin Market.
Solana Stablecoin Market. source: Deville

Market analysts argue that additional liquidity of USD1 can enhance the DEFI markets in Solana by supporting lending, settlement and trading activity.

Usd1 was published from World Liberty Financial, linked to US dollars and supported by treasury and monetary rewards, on ETAREUM, BNB and Tron.

Over the past months, Stablecoin has gained traction speed with Binance and Bullish’s encryption using it in separate investment deals.

This level of adoption helped pushing digital assets to the top six stablecoins in this industry. Its trading offer is $ 2.5 billion, most of which focuses on the BNB series.

Disintegration

In adherence to the confidence project guidance, beincrypto is committed to unprepared and transparent reporting. This news article aims to provide accurate information in time. However, readers are advised to independently verify facts and consult with a professional before making any decisions based on this content. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

https://beincrypto.com/wp-content/uploads/2025/03/bic_donald_trump_meme_coins-covers_coins_neutral.png

2025-08-30 07:30:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button