World Liberty Financial is bringing its USD1 stablecoin to major DeFi lending platforms.
- World Liberty and Re7 Labs launch a USD1 stablecoin vault
- Vault deployed on Euler and Lista lending platforms
- Built to scale across Binance’s BNB Chain
USD1 Stablecoin Finds New Use on Lending Platforms
World Liberty Financial (WLF), a DeFi project linked to U.S. President Donald Trump and his family, is launching a vault for its USD1 stablecoin. This vault will be available on Euler and Lista, two popular DeFi lending platforms. The move could make it easier for traders to borrow and lend using the dollar-pegged token.
Re7 Labs Takes the Lead on DeFi Growth
Re7 Labs, part of Re7 Capital based in London, is leading this initiative. The lab supports DeFi infrastructure and recently received up to $10 million from VMS Group, a family office in Hong Kong. VMS manages about $4 billion in assets and is now funding crypto for the first time.
How the Vault Attracts Crypto and Institutional Users
The vault will run on BNB Chain, Binance’s blockchain known for low transaction fees and fast speeds. By placing USD1 on Euler and Lista, the project hopes to appeal to both individual traders and larger investors. This could help bring more stability and liquidity to the DeFi space.
Quote from Re7 Capital
“This collaboration reflects a shared commitment to building the next generation of DeFi infrastructure,” said Evgeny Gokhberg, founder of Re7 Capital. “We’re creating a model that meets the needs of both experienced crypto users and big financial institutions.”
What Could Happen Next
If the vault is successful, USD1 might become a popular choice for DeFi lending and borrowing. As more people use it, the stablecoin could see faster adoption across other platforms too.
Source: coindesk.com