World Liberty Financial Inc., a decentralized finance platform linked to the Trump family, is garnering significant interest from public companies considering its token as treasury assets.
Interest in World Liberty Token
According to co-founder Zak Folkman, speaking at the Permissionless crypto conference in New York on June 25, World Liberty Financial is attracting multiple attention. Companies such as Goodfood Market Corp. and Trump Media & Technology Group Corp. are already showing interest in cryptocurrency.
Future of USD1 Stablecoin
Folkman expressed opinions on the future potentials of the USD1 stablecoin, valued at approximately $2.1 billion. He speculates that USD1 will become the biggest stablecoin by market capitalization, surpassing other tokens.
Trends Among Funded Companies
Fintech companies are adapting strategies and launching their own stablecoins. For instance, Fiserv announced the release of its stablecoin, FIUSD, which will be integrated into their existing banking platform by the end of the year.
World Liberty Financial Inc. demonstrates growing interest in stablecoins among both public companies and financial institutions. This indicates significant developments in decentralized finance and the future potential of stablecoins.