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USD1 Stablecoin from USD1 of World1 Liberty Financial is now operable across several blockchains through integration with the interoperability protocol between chainlink chain (between the protocol between the chain between the chain (Cip), companies announced on Friday.
According to World Liberty Financial, co -founder Chainlink Sergey Nazarov and son of US President Donald Trump, Eric Trump, who announced the abilities of the cross chain on Consensus 2025.
USD1, US dollar Stabnecoin launched by a decentralized financial protocol inspired by Trump, has seen significant growth since its debut and reached a market capitalization of $ 2 billion. Stablecoin has been used Close an MGX investment of $ 2 billion to Binance.
It is still behind the leading industrial leadership of Tether and Circle, whose leading stablecoins have a market limit of $ 151 billion and $ 60.6 billion.
The token is supported by short -term American cash registers and fiat reserves held by Bitgo Trust. For the time being, Stablecoin has been largely silenced within the ecosystems with one blockchain, but CCI integration allows him to move freely through the blockchains.
Ethereum and BNB chain are the first blockchains that are integrated, although in the future further support for blockchain is expected. Integration, companies say, solves a long -term obstacle to the Stablecoin market: security of the cross chain.
Historically, they have almost $ 3 billion in the bridges among the cost users’ chains, they added.
“Infrastructure with tested chainlink combat testing provides institutional safety and extensive range required to deliver USD1 in the hands of millions across the growing number of active ecosystems on the chain,” said Witkoff, co -founder of World Liberty Financial.
“Chainlink is absolutely decisive for the merger of traditional financing and decentralized funding, which is our mission in World Liberty Financial from the beginning,” said World Liberty Zak Folkman. “We do not see a world where Defi exists in its own ecosystem and traditional finance continues, but we believe in a very short time that they will actually come together and will only be the future of financing. For this purpose, our USD1 token, which is now listed in CCCIP, who have currently delivered.”
Cooperation builds on earlier integration, where Oracles Chainlink prices were used to support World Liberty on the instance of Aave V3.
