Liberty Global Financial (WLFI) rose more than 6% on Monday to trade near $0.1536 after Enso confirmed a partnership with 1 USDthe Trump-backed stablecoin is now approaching a market value of $3 billion.
Trump-Linked Stablecoin Grows in Cross-Chain DeFi
Enso, a blockchain infrastructure provider, announced that USD1 will use its technology to deploy across multiple blockchains.
The integration allows USD1 to traverse over 250 protocols, giving traders access to greater liquidity and faster transactions.
Founder Connor Howe said Enso’s “shortcuts” are designed to make decentralized finance more efficient and attractive to large institutions.
He added that cross-chain access “enables optimal liquidity and pricing” for projects leveraging Enso.
World Liberty Financial, the issuer of USD1, is part of a larger crypto network backed by the Trump family.
The stablecoin launched in March and quickly became one of the largest in circulation, buoyed by regulatory clarity following the Genius Act signed by President Trump in July.
This law gave stablecoins a formal legal basis in the United States and accelerated capital inflows into the sector.
1 USD approaches a valuation of $3 billion
According to company data, the total market value of USD1 is now close to $3 billion, ranking it as the sixth largest global stablecoin.
Around 70% of its liquidity remains on BNB Chain, with Ethereum (CRYPTO: ETH) representing another quarter.
The rest is distributed over Solana (CRYPTO: SOL), Tron (CRYPTO: TRX), and Aptos (CRYPTO:APT).
Following the Enso partnership, USD1 will also appear on platforms such as Dolomite, allowing users to trade, lend and transfer the token between chains.
Analysts at Keyrock and Bitso expect the stablecoin market to continue to grow, predicting that stablecoins could account for 12% of global payments by 2030.
The sector as a whole has already seen growth of more than 50% this year to reach a value of approximately $308 billion.
WLFI technical configuration becomes constructive
WLFI technical analysis (Source: TradingView)
WLFI has spent several weeks consolidating within a tightening triangle pattern and is now showing signs of a breakout.
The token broke above its descending trendline on Monday, with resistance near $0.1600, where the 200-day exponential moving average (EMA) lies.
A confirmed close above this level could pave the way for a move towards $0.18 and $0.20, key supply zones of early October.
If the momentum continues, a broader recovery could extend to the $0.24 to $0.26 region.
Support is well defined at $0.1350, which corresponds to the bottom of the ascending triangle and the 20-day EMA.
Maintaining this base is essential to maintaining a bullish structure.
A break below would expose $0.12 and weaken the current trend.
Indicators show improving demand, with the supertrend having already turned positive and all major EMAs now stacked below price.
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