The largest crypto exchange in the world in terms of commercial volume adds support to an asset linked to the new decentralized financial project of President Donald Trump, World Liberty Financial (WLFI).
In a new announcement, Binance says that she will add support to the Stablecoin World Liberty Financial USD (USD1), a digital asset pointed in dollars managed by the crypto asset manager Bitgo.
“Binance is delighted to announce that World Liberty Financial USD (USD1) will be added to Binance Simple Gagnie,” Buy Crypto “, Binance Convert and Binance Marge (May 22).”
USD1, which was designed to keep an ankle 1: 1 in the US dollar, was launched in March and recently formed a partnership with the supplier of decentralized Oracle Chainlink (Link), which allows him to be transferred transparently to many blocks of blocks.
Collaboration makes it possible to use stablecoin on the transversal interoperability protocol of ChainLink (CCIP), an interoperability protocol launched in 2023, which has exceeded the asset of crypto in overtaking of $ 2 billion in market capitalization.
As indicated by the co-founder of WLFI, Zach Witkoff, in a press release,
“WLFI’s partnership with ChainLink will accelerate and improve the usefulness of the USD1 for cross -border payments and will result in really useful applications through DEFI and traditional finance. We create a complete platform for a considerably improved financial future by building at the top of a solid foundation by Roche. ”
At the time of writing, USD1 has a market capitalization of $ 2.1 billion while Link is estimated at $ 16.82, an increase of 4.4% in the last 24 hours.
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