World Liberty Financial launches its stablecoin USD1 into the crypto ecosystem via World Liberty Markets

World Liberty Financial, the crypto project supported by the family of U.S. President Donald Trump, has launched its first decentralized finance platform dedicated to its stablecoin USD1. Named World Liberty Markets, this new application offers users fully decentralized lending and borrowing services, marking a crucial step to strengthen the real utility of the stablecoin in digital markets.

A New DeFi Market for the USD1 Stablecoin

Built on the infrastructure of the DeFi protocol Dolomite, World Liberty Markets allows users to supply and borrow digital assets directly online. The USD1 stablecoin plays a central role as the primary asset for lending and borrowing, while several additional collateral options are accepted to diversify investment choices.

Users can use multiple assets as collateral, including the native token WLFI, Ethereum (ETH, currently around $2,39K), Coinbase-wrapped Bitcoin (cbBTC), as well as established stablecoins USDC and USDT. This diversification of collateral enhances the platform’s flexibility within the crypto ecosystem, enabling investors to select the collateral that best fits their strategy.

Crypto Market Reaction and Initial Performance

Dolomite’s DOLO token has experienced market activity since the announcement, while WLFI saw movements in the hours following deployment. These fluctuations reflect market participants’ interest in this new DeFi infrastructure.

Initial platform conditions reveal a still-illiquid but promising lending market. Users can borrow in USD1 at rates close to 0.83%, while liquidity providers earn yields of about 0.08%. These figures are likely to evolve as trading volumes increase and the stablecoin gains adoption within the crypto community.

USD1 Surpasses $3.4 Billion: World Liberty’s Ambitions

The USD1 stablecoin has seen remarkable growth, with its circulation approaching $3.4 billion at the time of the launch of World Liberty Markets. This rapid expansion positions USD1 as a significant player in the stablecoin universe, exceeding the initial expectations of the project’s promoters.

Zak Folkman, co-founder and COO of World Liberty, stated that “USD1 has surpassed all planned objectives,” highlighting the importance of this new platform as a starting point for broader expansion. World Liberty Financial plans to launch several new crypto products over the next 18 months, aiming to strengthen the ecosystem around the stablecoin.

The platform also incorporates a rewards program in USD1 points for users who provide the stablecoin as liquidity, adding an incentive layer to the system. These measures reflect World Liberty’s overall strategy to establish USD1 as the leading stablecoin in decentralized DeFi markets, with aspirations to become a key element of the global crypto infrastructure.