World Liberty Financial (WLF)decentralized finance (Challenge) The protocol associated with the American president Donald Trump and his family, works with Re7 Labs to establish a safe for his stablecoin USD1 on the Euler and Lista loan platforms, companies said in a statement on Friday.
This decision is part of the wider initiative of World Liberty aimed at evolving USD1 in the BNANC BNB channel, a blockchain known for its low transaction costs and its high -speed infrastructure. Stablecoin is positioned as a sophisticated digital asset in dollars designed to be used in DEFI ecosystems.
Re7 Labs, a branch of DEFI HAIES coverage funds based in London, Re7 Capital, plays a key role in the effort. Last week, Re7 Labs revealed that it would receive up to $ 10 million from the VMS group based in Hong Kong. The Family Office, which oversees about $ 4 billion in assets, makes its first crypto foray with investment.
“This collaboration reflects a common commitment to build the next generation of DEFI infrastructure – where stability, transparency and efficiency of convergent capital,” said Evgeny Gokhberg, founder of Re7 Capital, in the press release. “Working alongside World Liberty, Euler and the BNB chain, we advance an adoption model of Stablecoin which meets the expectations of crypto-native and institutional users.”
Euler and Lista are decentralized loan platforms that allow users to borrow and lend digital assets using smart contracts. The addition of a safe for Stablecoin USD to these platforms could allow merchants and institutions to more easily access liquidity in the DEFI environment.
