World Liberty Financial (WLFI), linked to former President Donald Trump, has taken a significant step towards DeFi by minting 2.05 million USDf.
Deepening DeFi through Falcon Finance
WLFI deposited $2.06 million in AVAX, $1.17 million in SEI, and $1.28 million in MOVE to mint 2.05 million USDf. This action is part of their strategy to expand the influence of their stablecoin and strengthen liquidity with strong collateral.
Growing Interest in USD1 Stablecoin
Since its launch in March 2025, USD1 has rapidly gained popularity, reaching a valuation of $2.125 billion and becoming the seventh largest stablecoin in the crypto industry. This surge followed a $2 billion investment deal between Binance and MGX, significantly increasing the demand for USD1.
Successes and Future Plans
USD1 currently operates on Ethereum and Binance Smart Chain (BSC), with nearly 99% of its total supply of 2.113 billion tokens on BSC. Additionally, the listing of USD1 on HTX (formerly Huobi) has opened up zero-fee trading opportunities for the USD1/USDT pair, enhancing credibility and liquidity for the stablecoin. WLFI also plans to extend USD1 across more blockchains to enhance cross-chain capabilities.
WLFI continues to actively develop its projects in the DeFi space, aiming for wider integration and increased popularity of its tokens, attracting attention from both investors and users.