WLFI Mints $100M USD1 Stablecoin on Solana Ahead of Major DeFi Push

31/08/2025 admin

Key Takeaways:

WLFI confirms Solana integration, minting $100 million USD1 stablecoins ahead of official launch.
USD1 supply hits $2.4 billion, backed by top exchanges like Binance, Coinbase, KuCoin, and others.
The Trump-affiliated DeFi project expands to its fourth chain, strengthening its position in a booming stablecoin market.

The crypto world is watching closely as World Liberty Financial (WLFI), the Trump-aligned DeFi initiative takes its stablecoin USD1 to Solana, one of the fastest and most scalable blockchain networks. It is an ambitious step to further establish itself in decentralized finance, and threaten established platforms such as USDT and USDC.

WLFI Mints $100M USD1 on Solana: Deployment Officially Underway

WLFI teased the announcement on its official X (formerly Twitter) account with a cryptic but clear message:

“USD1 meets internet capital markets. Announcement coming soon”

The accompanying graphic featured the iconic WLFI golden eagle drenched in Solana’s signature purple, leaving little room for doubt.

Further confirmation came through an X post by CharlesWLFI, who identified himself as WLFI’s Head of Solana Ecosystem, stating:

“USD1 is coming to Solana, sooner than you think.”

Although the account was newly created in August 2025, Zach Witkoff, co-founder of WLFI, publicly verified Charles’ identity, squashing speculation about credibility. Soon after, on-chain activity did the rest of the talking.

On-Chain Data Confirms $100 Million Minted

A SolScan transaction revealed 100 million USD1 minted on Solana, effectively confirming the deployment. This follows a smaller $30 million mint earlier in August, suggesting a phased rollout rather than a sudden launch.

The move brings USD1 to its fourth blockchain, alongside:

Ethereum
BNB Smart Chain (BSC)
TRON Network

According to WLFI, the multi-chain strategy is critical to increase liquidity and utility across diverse DeFi protocols.

Why Solana?

Solana’s DeFi Boom Makes It an Ideal Fit

The high throughput, low-fee features and expanding DeFi ecosystem that Solana offers turn it intoo kĩ a more attractive choice to stablecoin issuers. The integration appears to be a larger strategic initiative with networks such as Raydium and BONK.fun already suggesting the collaboration.

Raydium posted:

“Solana is about to get a lot more stable.”

BONK.fun added to the buzz with:

“The dog and eagle story begin.”

Solana also recently crossed $2.5 billion in TVL (Total Value Locked), according to DeFiLlama, reclaiming its position as one of the top 5 DeFi ecosystems globally. USD1’s integration could inject significant stable liquidity into Solana-native protocols.

Stablecoin Growth Race: USD1 Gains Ground but Faces Heavy Competition

Where USD1 Stands Now

USD1s supply has surged to $2.4 billion since its launch in April 2025, all in the top five by market cap. However, following the turbulent initial growth, adoption has slowed down which is causing the current cross-chain push.

Current USD1 distribution:

88.52% on BSC
10.14% on Ethereum
1.34% on TRON

The entry of WLFI into Solana might revive demand, in particular, among users of DeFi that are native to it and prefer low-latency transactions and faster finality.

WLFI’s Ecosystem Push: Exchanges, Partnerships, and Incentives

Supported by Major Exchanges

USD1 is now available on several top-tier exchanges, including:

Binance
Coinbase
KuCoin
HTX (Huobi)
Gate.io
MEXC
Bitget

DeFi Integrations Already Live

USD1 is also supported on:

PancakeSwap (BSC)
JustLend (TRON)
MoonPay
Raydium (Solana, soon)

In a move aimed at motivating participation, WLFI has recently introduced a loyalty program where people earn points when they trade, stake and hold USD1. Participation platforms are:

KuCoin
MEXC
Bitget
Gate.io

These activities are meant to drive retention of its users in anticipation of the token unlock event of WLFI on September 1 which is likely to attract a lot of attention.

Stablecoin Market Update: USD1 Competing in a $295B Arena

The broader stablecoin market is expanding rapidly. According to DeFiLlama, total market cap surged by $7.2 billion in just one week, hitting a new peak of $295 billion.

Despite this competition, USD1 recorded a 10% increase in supply over the past month, keeping it within the top tier but still behind USDT and USDC.

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