World Liberty Financial (WLFI) has officially introduced its USD1 stablecoin on the Solana blockchain. The announcement came via WLFI’s X (formerly Twitter) account, declaring, “USD1 is now live on Solana, where capital markets finally move at internet speed.” This marks a major expansion for the token, which now crosses multiple major networks.
Lookonchain announced that 100 million USD1 tokens were minted on Solana at launch, adding to its existing supply across Ethereum, BNB Smart Chain, and TRON, which now totals approximately $2.4 billion. The stablecoin’s design includes a full 1:1 peg to the U.S. dollar, backed by a reserve mix of liquid assets, U.S. Treasury bills, and cash equivalents. BitGo handles custody, and the reserves are subject to regular third-party audits, steps aimed at ensuring transparency and institutional-level trust.
WLFI’s expansion comes alongside plans to launch its own governance token. The WLFI token is set for listings on major exchanges like Binance, HTX, and KuCoin starting September 1, fueling broader ecosystem engagement and governance activities.
Taking a look at this, Solana launch may change liquidity dynamics within DeFi. Solana’s low transaction costs and fast settlement make it an attractive venue for stablecoin-based trading. USD1’s entry could bolster Solana’s DeFi activity and provide a strong alternative to established tokens like USDT and USDC.
WLFI has positioned USD1 as a solution for faster, compliant capital transfer. While its ties to the Trump family have raised ethical concerns, there’s no denying that USD1’s Solana debut brings both regulatory attention and competitive momentum to the stablecoin landscape.
About UDS1
USD1 is a fully collateralized stablecoin created by World Liberty Financial (WLFI) to provide a secure, dollar-pegged digital asset. It is backed 1:1 with U.S. dollar reserves, including cash deposits and short-term U.S. Treasury bills, safeguarded by BitGo.It is launched on Ethereum and BNB Chain, and it is expanding to multiple blockchains to ensure accessibility and utility. With a market cap surpassing $2 billion, USD1 has quickly gained trust through partnerships and cross-chain infrastructure powered by Chainlink. Designed for compliance and transparency, it serves as a reliable bridge between traditional finance and decentralized finance.
