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Reading: Trump-Backed WLFI Expands USD1 Stablecoin to Solana Ahead of Token Launch
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EdaFace Newsfeed > Latest News > Crypto News > Trump-Backed WLFI Expands USD1 Stablecoin to Solana Ahead of Token Launch
Crypto News

Trump-Backed WLFI Expands USD1 Stablecoin to Solana Ahead of Token Launch

vitalclick
Last updated: August 30, 2025 1:53 pm
1 day ago
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Contents
USD1 Heads to SolanaRapid Growth of USD1Exchange & DeFi SupportWLFI Token Unlock on September 1

World Liberty Financial (WLFI), the Trump-backed DeFi project, is gearing up for its next big step. Recent updates from the team and ecosystem partners has sparked interest across both investors and the wider crypto community.

USD1 Heads to Solana

WLFI may soon bring its stablecoin USD1 to the Solana blockchain. In a recent post on X, WLFI hinted at the expansion by saying USD1 is “meeting the internet capital markets.”

CharlesWLFI, the project Head of Solana Ecosystem claimed that USD1 will land on Solana “sooner than anyone expected.” Zach Witkoff, Solana’s co-founder, also confirmed the move.

Notably, on-chain data also backs up the rumors. According to Lookonchain, $100M in USD1 has been minted on Solana, as World Liberty Financial’s launch draws near and activity around the stablecoin accelerates.

Rapid Growth of USD1

USD1 has grown fast since its April 2025 debut, with supply climbing to $2.4 billion. However, the momentum has cooled down and WLFI is now expanding the stablecoin to new blockchains. So far, USD1 runs on Ethereum, BNB Smart Chain, and TRON. 

Adding Solana as a fourth network would open the door to more users and strengthen its role in Solana’s DeFi ecosystem.

Exchange & DeFi Support

WLFI is pushing to grow USD1 adoption through partnerships and is already supported by major exchanges like Binance, Coinbase, and Gate.io, HTX and Bullish. DeFi platforms like JustLend, PancakeSwap, and MoonPay also support USD1.

Just recently, KuCoin  launched the USD1 Points Program. Users can earn points by trading, holding, or staking USD1, unlocking exclusive future rewards.

The push to grow USD1 comes as the stablecoin market sees record highs. The total stablecoin market cap is currently valued at over $295 billion. USDT and USDC lead the sector with market caps of over $167 billion and $71 billion, respectively, while USD1 ranks fifth with a market cap of more than $2.5 billion.

WLFI Token Unlock on September 1

Adding to the anticipation, World Liberty Financial is all set to unlock its WLFI tokens on September 1.

Major crypto exchanges are gearing up for the launch of WLFI. HTX (formerly Huobi) opened deposits on August 29 with trading set for September 1. KuCoin confirmed the same schedule, while Kraken confirmed plans to list WLFI but has not yet shared an exact launch date.

World Liberty Financial is shaping up to be one of the most closely watched DeFi projects heading into September.

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