- USD1 has tapped Enso for crosschain support.
- Enso provides so-called blockchain shortcuts.
- The Trump-linked stablecoin has a market value of nearly $3 billion.
A stablecoin linked to US President Donald Trump is deepening its ties to decentralized finance.
On Monday, Enso, a provider of so-called chain shorteners that allow crypto projects to easily deploy across different blockchains, announced that USD1 was the latest project to use its technology stack.
This will make “DeFi attractive to major players, including institutions, allowing them to leverage significant liquidity and optimal pricing,” said Connor Howe, founder of Enso, in comments shared with DL News.
World Liberty Financial, part of the vast crypto empire backed by the Trump family, is the issuer behind USD1. The stablecoin was launched in March.
The growth of USD1 is part of a broader theme of stablecoin market expansion in 2025.
The sector has reached more than $308 billion, a growth of more than 50% this year, against a backdrop of favorable regulations in the United States. In July, Trump signed the Genius Act into law, which legally recognizes stablecoins in the United States.
And the market is expected to continue to grow.
Analysts at Keyrock, a cryptocurrency investment firm, and Bitso, a cryptocurrency exchange, predicted that stablecoins would account for 12% of global payments by 2030.
Enso’s goal is to make USD1 ubiquitous on-chain and distribute its liquidity to protocols on different blockchains, according to the announcement.
Solana, Trump and Aptos
Enso lists over 250 supported protocols on its website that have settled over $17 billion in on-chain transactions.
USD1’s nearly $3 billion market value makes USD1 the sixth-largest stablecoin in the world, with nearly 70% of its liquidity siled on BNB Chain, a blockchain linked to crypto exchange giant Binance, whose founder, Changpeng Zhao, was pardoned by the president last week.
Ethereum accounts for another quarter of Trump’s digital dollar liquidity, with the rest split between Solana, Tron, and Aptos.
Following the Enso partnership, USD1 will be available on protocols such as Dolomite, a margin trading protocol, and users will be able to trade, lend and transfer the stablecoin across different blockchains, the announcement said.
Osato Avan-Nomayo is our DeFi correspondent based in Nigeria. He covers DeFi and technology. Do you have any advice? Please contact him at osato@dlnews.com.
