Trump’s World Liberty Financial Debuts Crypto Lending as USD1 Stablecoin Hits $3.5B
World Liberty Financial, a decentralized finance project linked to the family of U.S. President Donald Trump, has entered the crypto lending market as its USD1 stablecoin climbs past $3.5 billion in circulating supply.
The project launched its lending and borrowing product, World Liberty Markets, on Monday, as stated by the company announcement.
The new web-based application allows users to lend and borrow digital assets within a single on-chain marketplace built around USD1, the platform’s U.S. dollar–backed stablecoin, and its governance token, WLFI.
Users can post collateral, including Ether, a tokenized version of Bitcoin, and major stablecoins such as USDC and USDT, with the underlying infrastructure powered by…
