The world’s largest crypto exchange through trade volume adds support for an active that is connected to the new decentralized financial project by President Donald Trump, World Liberty Financial (WLFI).
In a new announcement, Binance out It will add support to the Stablecoin World Liberty Financial USD (USD1), a digital digital assets managed by the Crypto Asset Manager Bitgo.
“Binance is pleased to announce that World Liberty Financial USD (USD1) will be added to Binance Simple Earn, ‘Koop Crypto,’ Binance Convert and Binance Marge [on May 22nd]. ”
USD1, designed to hold a 1: 1 PEG for the US dollar, launched in March and recently formed A partnership with the decentralized Oracle provider Chainlink (link), so that it can be transferred to countless block chains after seamlessly.
With the collaboration, the Stablecoin can be used via Cross-Chain Interoperability Protocol (CCIP) from Chainlink, an interoperability protocol launched in 2023, so that the crypto-assiva $ 2 billion exceeds market capitalization.
As mentioned by WLFI co-founder Zach Witkoff in a press release,
“The partnership of WLFI with Chainlink will accelerate and improve the USD1 utility for cross-border payments and will result in really useful applications in Defi and traditional finances. We create an extensive platform for a dramatically improved financial future by building a Rock-Solid Foundation on top.”
At the time of writing, USD1 has a market capitalization of $ 2.1 billion, while LINK is valued at $ 16.82, an increase of 4.4% during the last 24 hours.
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