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News

World Liberty Financial Plans New Institutional Stablecoin

2 mins mins
Key Points:
  • World Liberty Financial introduces USD1, a stablecoin on Ethereum and BSC.
  • Aimed at institutional use with 1:1 USD backing.
  • Market reactions highlight trust in secure digital asset transactions.

World Liberty Financial announces the launch of USD1, a stablecoin designed for institutional use, available on Ethereum and Binance Smart Chain.

The stablecoin, USD1, promises a 1:1 exchange ratio with U.S. dollars and is backed by U.S. government bonds and cash equivalents, aiming to facilitate secure cross-border transactions.

World Liberty Financial Unveils USD1 with Comprehensive U.S. Bond Backing

World Liberty Financial (WLFI) has announced the introduction of USD1, an institutional stablecoin designed for seamless and secure transactions. The stablecoin guarantees a 1:1 exchange ratio with U.S. dollars and will initially be available on the Ethereum and Binance Smart Chain protocols.

USD1’s reserves will be custodied by BitGo, ensuring full backing with short-term government bonds and cash equivalents. This aligns with the strategy outlined by Zach Witkoff, WLFI’s co-founder, aiming for integration into institutional strategies. “We’re offering a digital dollar stablecoin that sovereign investors and major institutions can confidently integrate into their strategies for seamless, secure cross-border transactions.”

Industry figures have reacted positively, with Treasury Secretary Scott Bessent at the Crypto Summit emphasizing the importance of stablecoins in maintaining the U.S. dollar’s global dominance. The market has shown a 46% increase in overall stablecoin capitalization, which now surpasses $230 billion.

USD1’s Market Debut and Potential Regulatory Ripple Effects

Did you know? Although USDC and USDT dominate the stablecoin market, USD1 enters with support from notable backers like President Trump, which might shift market dynamics.

According to CoinMarketCap data on March 26, 2025, USD1 is priced at $1.00 with a fully diluted market cap of $12.00 billion. Trading volume reached $3.25 million in 24 hours despite a circulating supply of zero. The price has shown slight stability changes, evidencing limited volatility.

usd-one-daily-chart-11
USD One(USD1), daily chart, screenshot on CoinMarketCap at 12:57 UTC on March 26, 2025. Source: CoinMarketCap

The Coincu research team indicates potential regulatory impacts given the backing of high-profile figures and strategic reserve management. This could drive confidence among larger institutions, reinforcing the use of stablecoins in financial ecosystems.

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Avatar of Mayowa Adebajo

Mayowa Adebajo

26 March 2025, 13:00:11 GMT +0000

Mayowa is a seasoned freelance writer specializing in creating compelling, high-converting content across diverse industries.

With extensive experience working with major news outlets, personal blogs, and private clients, he brings a deep understanding of audience engagement and storytelling. His expertise spans SEO optimization, persuasive copywriting, and niche versatility, ensuring content that resonates and delivers results.

Armed with a strong command of the English language and a keen eye for detail, he crafts content that is both impactful and strategically tailored to meet client goals.

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