Plume, an EVM-compatible blockchain network, announced a strategic partnership with World Liberty Financial to integrate stablecoin USD1.
Details of the Plume and WLFI Partnership
The partnership between Plume and World Liberty Financial (WLFI) aims to accelerate the distribution of stablecoin USD1 across various blockchains. As part of this partnership, USD1 will serve as the reserve asset for Plume’s platform and will be available from day one, opening new opportunities for Plume users.
Market Impact
Following the partnership announcement, the price of PLUME increased by approximately 5%. This news came shortly after the launch of Plume’s Genesis mainnet, positively influencing the overall interest in the cryptocurrency.
Key Achievements of Plume
Plume has already attracted over $250 million in real-world asset capital and boasts more than 100,000 wallet users at launch, making it the largest RWA blockchain by user count. The company is also working with the SEC Crypto Task Force in Washington to ensure regulatory compliance.
The partnership between Plume and World Liberty Financial highlights the commitment of both organizations to expand opportunities in the stablecoin and real asset sectors within the cryptocurrency landscape.
