World Liberty Financial launches its native stablecoin, USD1, on Solana. The integration follows previous launches on Ethereum, BNB Chain, and TRON.
Summary
- World Liberty Financial’s stablecoin goes live on the Solana blockchain, including support from platforms like Raydium, BONK.fun and Kamino Finance.
- USD1 has already been integrated into Ethereum, BNB Chain and TRON.
Trump family-backed World Liberty Financial announced through its latest post that USD1 has now gone live on the Solana (SOL) blockchain. This means that users can now deploy the stablecoin across Solana-supported protocols like Raydium, Kamino Finance, and others for liquidity provision, lending, and yield farming.
By bringing USD1 into Solana, users will be able to take advantage of the blockchain’s fast transaction speeds and low fees to make stabelcoin transactions. This is because Solana is known for its high throughput and low fees compared, particularly compared to Ethereum (ETH) or BNB Chain (BNB) which also host USD1.
“USD1 is one of the fastest-growing stablecoins in crypto, now live on Solana, where it belongs. The economy moves at lightning speed here, new tokens launch every minute, traders shift positions in seconds, and founders build apps with real revenue,” wrote WLFI in its post.
“USD1 brings stability. Solana brings scale,” it added.
In terms of blockchains, stablecoins often act as the “base layer” for liquidity on-chain. Therefore, USD1’s presence could potentially boosting liquidity depth and reducing slippage within Solana’s DeFi markets.
Not only that, USD1 will also be connected to platforms like BONK.fun and other community-based platforms on Solana. This means that WLFI may be trying to tap into Solana’s retail and meme-driven culture. For users, this could mean airdrops, rewards, or incentives to adopt USD1 in its early stages.
World Liberty Financial’s native token launch
USD1’s integration into Solana goes live on the same day as World Liberty Financial’s WLFI token debut on major crypto exchanges like Binance, Bybit, OKX, KuCoin and more. At press time, the trading data for the token is not available yet.
However, data for perpetual contracts that was launched one month is available. According to data from TradingView, future products or perpetual contracts based on WLFI/USDT are now trading at around $0.318.
Aside from the token launch of World Liberty Financial’s token, the surge is likely driven by momentum surrounding the expansion of WLFI’s USD1 stablecoin to Solana, which boosted speculative interest. However, the token experienced a slight correction which highlights profit-taking and hesitancy.
The Relative Strength Index reflects this cooling momentum: after spiking into overbought territory above 70 during the rally, it has since returned to a neutral zone around 47 until 53. This indicates that buying pressure has eased, and WLFI is consolidating rather than continuing its parabolic move.
