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Home » Cryptocurrency

WLFI Expands USD1 to Solana as Stablecoin Eyes DeFi Dominance

Published on: August 30, 2025
Kathleen Kinder
Written By
Kathleen Kinder
Kathleen Kinder
Senior Editor • 1,831 Articles
Kathleen Kinder brings over 11 years of experience in the research industry, with deep expertise in finance, cryptocurrency, and insurance. ... See full bio
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World Liberty Financial has minted 100 million USD1 stablecoins on Solana, marking a major expansion move ahead of its governance token launch.

Key Takeaways:

  • WLFI minted 100 million USD1 stablecoins on Solana, confirming its latest blockchain deployment.
  • USD1 is now available on Ethereum, BNB Smart Chain, TRON, and Solana, boosting reach and DeFi utility.
  • Exchanges like Binance, Coinbase, KuCoin, and HTX support USD1 and the upcoming WLFI token launch.
  • USD1 has grown to over $2.5 billion in market cap, becoming the fifth largest stablecoin globally.

What Happened?

World Liberty Financial (WLFI), a Trump-backed decentralized finance project, has officially expanded its USD1 stablecoin to the Solana blockchain. This move was confirmed with a 100 million token mint, one of the largest stablecoin issuances on Solana this year. The mint positions USD1 for wider adoption and marks a strategic step ahead of WLFI’s governance token debut on major exchanges.

USD1 — The stablecoin of choice@worldlibertyfi’s USD1 is the exclusive stablecoin powering the @Lombard_Finance Community Sale on Buidlpad

Accepted as ERC-20 & BEP-20, USD1 lets users contribute to $BARD from the chain of their choice using a trusted, dollar-pegged asset

Get… pic.twitter.com/L2zKm2KIJs

— Buidlpad 🧩 $BARD (@buidlpad) August 21, 2025

USD1 Arrives on Solana With Big Mint

The USD1 stablecoin’s launch on Solana was teased on social media and later backed by blockchain data showing a massive 100 million token mint. WLFI confirmed its commitment to Solana, seeking to benefit from the chain’s high speed and low fees.

100M $USD1 was minted on #Solana 50 minutes ago.https://t.co/PpVWaBXMHm pic.twitter.com/OzDx8fA41B

— Lookonchain (@lookonchain) August 30, 2025
  • CharlesWLFI, head of the Solana ecosystem at WLFI, announced the launch on X, with WLFI co-founder Zach Witkoff verifying his role.
  • The news was further validated by DeFi platforms like Raydium and BONK.fun, who teased the stablecoin’s integration.
  • Solana co-founder Anatoly Yakovenko celebrated the announcement, expressing strong support for WLFI’s move.

WLFI’s decision aligns with its strategy to connect “internet capital markets” with stablecoin innovation. With this Solana deployment, USD1 joins Ethereum, BNB Smart Chain, and TRON as supported networks.

WLFI Secures Exchange Listings and Community Engagement

WLFI is also preparing to launch its WLFI governance token on September 1. Deposits are already open on HTX and KuCoin, with trading pairs including WLFI/USDT and WLFI/USD1.

  • HTX confirmed the listing with a campaign featuring names like Justin Sun, Zach Witkoff, and Eric Trump.
  • KuCoin promoted the token as part of a DeFi push to safeguard the dollar’s global dominance and introduced a USD1 Points Program to reward users for staking, holding, or trading USD1.
  • Kraken also confirmed plans to list WLFI, though an exact date has not been shared.

These listings follow $2.26 billion in pre-launch funding, a significant war chest signaling WLFI’s intent to scale rapidly.

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Stablecoin Market Heats Up

WLFI’s USD1 stablecoin, first launched in April 2025, has seen rapid early growth with a supply now exceeding $2.5 billion, according to ecosystem sources. Although the growth rate slowed recently, the Solana expansion aims to reignite momentum.

  • USD1 is currently the fifth largest stablecoin by market cap.
  • It is supported by major centralized exchanges like Binance, Coinbase, Gate.io, HTX, and Bullish.
  • It is also integrated into key DeFi protocols such as PancakeSwap, JustLend, and MoonPay.

This broader utility helps position USD1 as a serious contender in the $295 billion stablecoin market, which is still dominated by Tether (USDT) and USD Coin (USDC).

CoinLaw’s Takeaway

In my experience, timing is everything in crypto, and WLFI seems to be executing this rollout with surgical precision. The 100 million mint on Solana is not just symbolic, it’s a strong commitment to scalability and liquidity. I found the coordination between exchange listings, incentive programs, and blockchain deployments to be a smart strategy that other stablecoin projects could learn from. If WLFI can sustain this momentum post-launch, it may just reshape the stablecoin landscape beyond the Ethereum-heavy ecosystem.

Definition of Staking. Link to full glossary entry follows the description.Staking

Staking is the process of locking cryptocurrency in a proof-of-stake network to help validate transactions and earn rewards, replacing energy-intensive mining.

Read more

Definition of DeFi. Link to full glossary entry follows the description.DeFi

Decentralized finance leverages blockchain protocols and smart contracts to enable lending, trading, and borrowing without banks or traditional intermediaries.

Read more

Definition of ERC-20. Link to full glossary entry follows the description.ERC-20

An Ethereum technical standard defining a common interface for fungible tokens, specifying six core methods and two events so wallets, exchanges, and contracts can interact with any token uniformly.

Read more

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Kathleen Kinder

Kathleen Kinder

Senior Editor


Kathleen Kinder brings over 11 years of experience in the research industry, with deep expertise in finance, cryptocurrency, and insurance. At CoinLaw, she writes timely, reader-focused news articles and also serves as a senior editorial reviewer. Drawing on her background in B2B research, consumer insights, and executive interviews, she ensures every piece delivers clarity, accuracy, and real-world relevance.

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Table of Contents

  • Key Takeaways:
  • What Happened?
  • USD1 Arrives on Solana With Big Mint
  • WLFI Secures Exchange Listings and Community Engagement
  • Stablecoin Market Heats Up
  • CoinLaw’s Takeaway
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