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WLFI expands the reach of its USD1 stablecoin by deploying it on AB Chain, an integration aimed at leveraging the network\u2019s high throughput for faster settlements and deeper DeFi liquidity.<\/p>\n
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According to a press release<\/a> dated Nov. 13, the Trump family\u2019s World Liberty Financial has technically deployed its USD1 stablecoin on the AB Chain. This integration, developed in collaboration with the AB Chain team, enables users to transact with the dollar-pegged asset utilizing AB\u2019s underlying architecture.<\/p>\n The partnership also deepens the integration, with the native AB Wallet planning to support zero-fee USD1 transfers and exploring future yield-generating services tied to the stablecoin.<\/p>\n <\/p>\n WLFI first launched USD1 in March of this year, initially supporting only Ethereum and BNB Chain. The stablecoin, which is backed 1:1 by U.S. dollars and government money market funds and features monthly attestation reports, has since grown to a market capitalization of $2.81 billion<\/a>.<\/p>\n Its availability on major exchanges like Binance and Bybit, alongside decentralized protocols such as Uniswap and PancakeSwap, has been central to its adoption strategy.<\/p>\n Notably, WLFI\u2019s aggressive growth trajectory has accelerated significantly in recent weeks. Just days before the AB Chain announcement, the Trump-backed digital asset venture integrated USD1 into the StableStocks ecosystem, enabling users to trade nearly 200 tokenized U.S. stocks and ETFs directly with the stablecoin.<\/p>\n Prior to that, the company unveiled a points program on the Dolomite protocol, incentivizing users to supply USD1 in a bid to boost its DeFi utility. This operational build-out extends to its legal team, with the late October hiring of Mack McCain, a former Robinhood and Charles Schwab legal executive, as its new General Counsel.<\/p>\nWLFI broadens USD1 stablecoin footprint<\/strong><\/h2>\n