"Loan Platform" takes shape! USD1 ecosystem expansion, World Liberty Financial accelerates practical application deployment

Led by the Trump family, the DeFi project World Liberty Financial has recently officially launched its lending platform “World Liberty Markets,” providing users with lending services centered around the USD1 stablecoin as the core asset. This move marks the USD1 entering the practical application stage and lays a foundation for the expansion of the entire ecosystem.

World Liberty Markets Lending Platform Officially Launched

The newly launched lending platform is supported by DeFi protocol Dolomite. The platform supports multiple assets as collateral, including WLFI tokens, Ether, Coinbase-wrapped Bitcoin (cbBTC), and mainstream stablecoins USDC and USDT.

According to the latest data, during the initial phase of the platform’s launch, market depth is still under development. The annualized interest rate for borrowing USD1 is approximately 0.83%, while the yield for lending USD1 is about 0.08%. Although there is room for optimization in lending rates, this provides a tangible liquidity application scenario for USD1.

Market Reaction Enthusiastic, Short-term Token Gains Impressive

Following the announcement of the platform’s launch, the market responded immediately. Dolomite’s native token DOLO, which provides technical support, surged significantly in the short term, with a gain of 57%. At the same time, World Liberty Financial’s governance token WLFI also increased by about 4.8% within two hours, indicating market recognition of this ecosystem development.

It is worth noting that these short-term gains reflect the market’s initial enthusiasm for the lending platform’s launch. According to real-time data, DOLO has decreased by -3.98% in the past 24 hours, while WLFI has increased by +5.51% in the same period, indicating the market is gradually entering a correction phase.

USD1 Circulation Expanding, Ecosystem Improving

With the launch of the lending platform, the application scenarios for USD1 continue to enrich. Data shows that the current circulation of USD1 has reached a scale of $2.15 billion, making it an important participant in the stablecoin ecosystem.

Zak Folkman, COO of World Liberty Financial, stated in a declaration that the performance of USD1 has exceeded expectations. The launch of this lending platform is just the first step in ecosystem development. The official plan is to roll out multiple new products over the next 18 months to further expand the use cases for USD1.

Additionally, the platform has simultaneously launched the “USD1 Points Program,” a points reward scheme to incentivize users providing liquidity for USD1. Although the official has not disclosed specific uses, reward mechanisms, or eligibility conditions for the points, this indicates that World Liberty Financial is building a more comprehensive user incentive system.

The launch of the lending platform signifies the transformation of USD1 from a simple stablecoin asset into a practical application tool, also providing strong support for the long-term development of the entire World Liberty Financial ecosystem.