World Liberty Financial Inc (WLFI) Officially Unveils USD1 Stablecoin, Backed by U.S. Treasuries!

Jakarta, Pintu News – World Liberty Financial Inc. (WLFI) recently announced the launch of USD1, a stablecoin secured by United States government treasuries.

With the support of key figures in the traditional financial world, USD1 is expected to become a bridge between decentralized finance (DeFi) and a more stable and trusted conventional financial system.

The stablecoin will be available on Ethereum (ETH) and Binance Smart Chain (BNB), with plans to expand to other platforms in the future.

USD1 Excellence and Security

According to reports, USD1 offers a stable and secure alternative for institutional investors looking to get involved in DeFi without facing the usual risks associated with algorithmic or less secured stablecoins.

Also read: Fidelity Launches New Stablecoin, Ready to Rival USDT and USDC!

Each USD1 token is exchangeable for one US dollar, and is fully backed by dollar deposits, short-term government securities, and other cash equivalents. Additional security is provided through periodic audits by third-party accounting firms, ensuring transparency and investor confidence.

With BitGo as the custodian service provider, USD1 is guaranteed to have a high level of security.

Mike Belshe, CEO of BitGo, stated that the launch of WLFI’s USD1 stablecoin is a major step in increasing the appeal and usability of digital assets for traditional large-scale financial institutions.

“Our clients want both security and efficiency, and this partnership with WLFI provides both-combining deep liquidity with the assurance that asset reserves are securely held and managed under a regulated custodian,” Belshe said.

Technology Integration and Testing

Prior to the official announcement, WLFI has conducted a series of test transactions for USD1 on Binance Smart Chain, demonstrating the readiness of their technology in real operations.

In addition, Wintermute has conducted cross-chain testing between Ethereum (ETH) and Binance Smart Chain (BNB), ensuring that USD1 can operate efficiently across different blockchain infrastructures.

Other products being developed by WLFI include a lending marketplace powered by smart contracts and a real asset-focused protocol (RWA).

By managing the lending market through an internal governance process, WLFI aims to serve traditional financial institutions with tokenized assets, offering a more structured and secure solution than traditional DeFi platforms.

Also read: Top 5 Crypto RWAs that Rise at the End of March 2025!

Vision and Future USD1

Zach Witkoff, co-founder of WLFI, emphasized that USD1 is designed to provide access to the power of DeFi with the support of credibility and a trusted traditional financial framework. This opens up opportunities for institutional investors and sovereign nations to conduct secure cross-border transactions without being exposed to additional risks.

By combining deep liquidity and regulated custody, USD1 is expected to be a trusted choice for institutions looking to engage in DeFi.

This initiative not only increases the adoption of digital assets among large financial institutions but also sets new standards in terms of transparency and security in blockchain-based financial products.

Overall, the launch of USD1 by World Liberty Financial marks a new era in the integration between decentralized finance and the traditional financial system. With strong backing from trusted names in the financial industry and proven technology, USD1 is poised to become a leader in the evolution of secure and trusted stablecoins.

Going forward, USD1 could be an important catalyst in driving widespread adoption of blockchain technology among institutional investors and sovereign nations.

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Reference:

• Crypto Briefing. USD1 Stablecoin Launches on Ethereum and Binance. Accessed on March 27, 2025
• Crypto News. WLFI Confirms Launch of USD1 Stablecoin Backed by U.S. Treasuries. Accessed on March 27, 2025
• FXStreet. World Liberty Financial Confirms Launch of USD1 Stablecoin. Accessed on March 27, 2025