• Latest
  • Trending
WLFI Mints $100M USD1 Stablecoin on Solana Ahead of Major DeFi Push

WLFI Mints $100M USD1 Stablecoin on Solana Ahead of Major DeFi Push

September 1, 2025
SUI Coin Price Prediction 2025

SUI Coin Price Prediction 2025

September 4, 2025
World Liberty Financial and Chainlink Unite to Expand USD1 Stablecoin Across Blockchains

World Liberty Finance (WLFI) Price: Can Trump’s Crypto Recover From Launch Day Crash?

September 4, 2025
Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

September 4, 2025
Ethereum bounces back as market dominance recovers from all-time low

Etherealize Raises $40M to Market Ethereum to Finance Firms

September 4, 2025
Bitcoin price dip seen as ‘perfect bottom’ by analyst; technicals target $148K

Bitcoin could stabilize as dominance level drops; Check forecast

September 4, 2025
Breaking: Ripple Brings RLUSD to Africa

Breaking: Ripple Brings RLUSD to Africa

September 4, 2025
Lower Highs Form as Volume Expands on Declines

Lower Highs Form as Volume Expands on Declines

September 4, 2025
Ukraine Parliament Approves First Reading of Crypto

Ukraine Parliament Approves First Reading of Crypto

September 4, 2025
XStocks Launches 60 Tokenized Stocks on Ethereum, Expanding $3.5B Trading Platform

XStocks Launches 60 Tokenized Stocks on Ethereum, Expanding $3.5B Trading Platform

September 3, 2025
  • Privacy Policy
Thursday, September 4, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

WLFI Mints $100M USD1 Stablecoin on Solana Ahead of Major DeFi Push

J_News by J_News
September 1, 2025
in Crypto, Top News
0
WLFI Mints $100M USD1 Stablecoin on Solana Ahead of Major DeFi Push
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Key Takeaways:

Related articles

SUI Coin Price Prediction 2025

SUI Coin Price Prediction 2025

September 4, 2025
World Liberty Financial and Chainlink Unite to Expand USD1 Stablecoin Across Blockchains

World Liberty Finance (WLFI) Price: Can Trump’s Crypto Recover From Launch Day Crash?

September 4, 2025
  • WLFI confirms Solana integration, minting $100 million USD1 stablecoins ahead of official launch.
  • USD1 supply hits $2.4 billion, backed by top exchanges like Binance, Coinbase, KuCoin, and others.
  • The Trump-affiliated DeFi project expands to its fourth chain, strengthening its position in a booming stablecoin market.

The crypto world is watching closely as World Liberty Financial (WLFI), the Trump-aligned DeFi initiative takes its stablecoin USD1 to Solana, one of the fastest and most scalable blockchain networks. It is an ambitious step to further establish itself in decentralized finance, and threaten established platforms such as USDT and USDC.

Read More: WLFI Token May Soon Go Live: $80M Buzz, Transfer Proposal Sparks Massive Community Shift

wlfi-mints-100m-usd1-stablecoin-on-solana-ahead-of-major-defi-push

WLFI Mints $100M USD1 on Solana: Deployment Officially Underway

WLFI teased the announcement on its official X (formerly Twitter) account with a cryptic but clear message:

“USD1 meets internet capital markets. Announcement coming soon”

The accompanying graphic featured the iconic WLFI golden eagle drenched in Solana’s signature purple, leaving little room for doubt.

Further confirmation came through an X post by CharlesWLFI, who identified himself as WLFI’s Head of Solana Ecosystem, stating:

“USD1 is coming to Solana, sooner than you think.”

Although the account was newly created in August 2025, Zach Witkoff, co-founder of WLFI, publicly verified Charles’ identity, squashing speculation about credibility. Soon after, on-chain activity did the rest of the talking.

On-Chain Data Confirms $100 Million Minted

A SolScan transaction revealed 100 million USD1 minted on Solana, effectively confirming the deployment. This follows a smaller $30 million mint earlier in August, suggesting a phased rollout rather than a sudden launch.

The move brings USD1 to its fourth blockchain, alongside:

  • Ethereum
  • BNB Smart Chain (BSC)
  • TRON Network

According to WLFI, the multi-chain strategy is critical to increase liquidity and utility across diverse DeFi protocols.

Why Solana?

Solana’s DeFi Boom Makes It an Ideal Fit

The high throughput, low-fee features and expanding DeFi ecosystem that Solana offers turn it intoo kĩ a more attractive choice to stablecoin issuers. The integration appears to be a larger strategic initiative with networks such as Raydium and BONK.fun already suggesting the collaboration.

Raydium posted:

“Solana is about to get a lot more stable.”

BONK.fun added to the buzz with:

“The dog and eagle story begin.”

Solana also recently crossed $2.5 billion in TVL (Total Value Locked), according to DeFiLlama, reclaiming its position as one of the top 5 DeFi ecosystems globally. USD1’s integration could inject significant stable liquidity into Solana-native protocols.

Stablecoin Growth Race: USD1 Gains Ground but Faces Heavy Competition

Where USD1 Stands Now

USD1s supply has surged to $2.4 billion since its launch in April 2025, all in the top five by market cap. However, following the turbulent initial growth, adoption has slowed down which is causing the current cross-chain push.

Read More: Trump-Linked WLFI Stablecoin Surges to $1.25B Volume in 24H, USDT Rival Emerges?

usd-1-tokenusd-1-token

Current USD1 distribution:

  • 88.52% on BSC
  • 10.14% on Ethereum
  • 1.34% on TRON

The entry of WLFI into Solana might revive demand, in particular, among users of DeFi that are native to it and prefer low-latency transactions and faster finality.

WLFI’s Ecosystem Push: Exchanges, Partnerships, and Incentives

Supported by Major Exchanges

USD1 is now available on several top-tier exchanges, including:

  • Binance
  • Coinbase
  • KuCoin
  • HTX (Huobi)
  • Gate.io
  • MEXC
  • Bitget

DeFi Integrations Already Live

USD1 is also supported on:

  • PancakeSwap (BSC)
  • JustLend (TRON)
  • MoonPay
  • Raydium (Solana, soon)

In a move aimed at motivating participation, WLFI has recently introduced a loyalty program where people earn points when they trade, stake and hold USD1. Participation platforms are:

These activities are meant to drive retention of its users in anticipation of the token unlock event of WLFI on September 1 which is likely to attract a lot of attention.

Stablecoin Market Update: USD1 Competing in a $295B Arena

The broader stablecoin market is expanding rapidly. According to DeFiLlama, total market cap surged by $7.2 billion in just one week, hitting a new peak of $295 billion.

Despite this competition, USD1 recorded a 10% increase in supply over the past month, keeping it within the top tier but still behind USDT and USDC.



Source link

ShareTweetShareShare

Related Posts

SUI Coin Price Prediction 2025

SUI Coin Price Prediction 2025

by J_News
September 4, 2025
0

In this SUI coin price prediction, we will provide a breakdown of what is expected of the prices over various...

World Liberty Financial and Chainlink Unite to Expand USD1 Stablecoin Across Blockchains

World Liberty Finance (WLFI) Price: Can Trump’s Crypto Recover From Launch Day Crash?

by J_News
September 4, 2025
0

TLDR World Liberty Finance (WLFI) launched on major exchanges with $4.4 billion in 24-hour trading volume, opening at $0.30 but...

Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

by J_News
September 4, 2025
0

Over the last few weeks, both Bitcoin and Ethereum have seen an interesting wave of price action with high volatility....

Ethereum bounces back as market dominance recovers from all-time low

Etherealize Raises $40M to Market Ethereum to Finance Firms

by J_News
September 4, 2025
0

Ethereum advocacy firm Etherealize has closed a $40 million funding round to help it pitch the blockchain to Wall Street...

Bitcoin price dip seen as ‘perfect bottom’ by analyst; technicals target $148K

Bitcoin could stabilize as dominance level drops; Check forecast

by J_News
September 4, 2025
0

Key takeaways BTC has been trading around $111k and could stabilize soon to allow altcoins to rally. The Bitcoin dominance...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

The Best Cryptocurrencies to Invest in for 2025

What are the best Flash Loan Arbitrage Trading Bots for crypto in 2025?

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog