World Liberty Financial (CRYPTO: WLFI), backed by President Donald Trump’s family, launched World Liberty Markets, a DeFi lending platform for its USD1 stablecoin worth $3.4 billion, even as critics point to conflicts of interest tied to Trump’s $800 million crypto income in 2025.
USD1 Stablecoin Now Available For Lending And Borrowing
World Liberty Markets allows users to lend and borrow digital assets using USD1 alongside collateral including Ethereum (CRYPTO: ETH), USDC, USDT, tokenized Bitcoin (CRYPTO: BTC), and the WLFI governance token. The platform is powered by Dolomite protocol.
Users can currently borrow USD1 by paying roughly 0.83% interest or lend it out to earn 0.08%, though these rates will likely shift as more money flows into the platform.
USD1 has grown to $3.4 billion in circulation since its March 2025 debut, making it one of the largest dollar-backed stablecoins behind only major players like Tether, Circle (NYSE:Full story available on Benzinga.com
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