The Stablecoin USD1 of World Liberty Financial is now operational in several blockchains thanks to integration with the transversal interoperability protocol of Chainlink (CCIP), companies announced on Friday.
It is according to the team of World Liberty Financial, the co-founder of Chainlink, Sergey Nazarov, and the son of American president Donald Trump, Eric Trump, who announced the transversal capacities of the 2025 consensus.
USD1, a stablecoin supported by an American dollar launched by the decentralized financial protocol inspired by Trump, has experienced significant growth since its inception, reaching $ 2 billion in market capitalization. Stablecoin was used to close the investment of $ 2 billion from MGX in Binance.
It still follows behind the leaders of the Tether and Circle industry, whose main stables have 151 billion dollars and $ 60.6 billion.
The token is supported by short -term American treasury bills and Fiat reserves held by Bitgo Trust. Stablecoin was currently largely partitioned in unique blockchain ecosystems, but CCIP integration will allow it to move freely through blockchains.
Ethereum and the BNB channel are the first blockchains being integrated, although the blockchain’s additional support is expected in the future. Integration, according to businesses, addresses a long -standing obstacle in the Stablescoin market: transversal security.
Historically, vulnerabilities in interfers have cost users nearly $ 3 billion, they added.
“The infrastructure experienced by Chainlink offers institutional quality security and the in-depth scope necessary to deliver USD in the hands of millions of people through an increasing number of active chain ecosystems,” said Zach Witkoff, co-founder of World Liberty Financial.
“Chainlink is absolutely essential to the merger of traditional finances and decentralized finances, which is our mission to World Liberty Financial from the start,” said the co-founder of World Liberty, Zak Folkman. “We do not see a world in which DEFI exists in its own ecosystem and traditional finance continues, but we believe in a very short time that they merge in fact and will simply be the future of finance. So, for this purpose, World Liberty Financial, our USD1 token is now betrayed through the chain thanks to the incredible people of CCIP who allowed this compatibility between the cross channel,” currently. “
The collaboration is based on previous integration where ChainLink’s price oracles have been used to support the deployment of World Liberty from an Aave V3 body.
