Source: CryptoBriefing
Original Title: Trump-backed World Liberty debuts WLFI Markets, a new lending and borrowing platform
Original Link:
Overview
World Liberty Financial has launched World Liberty Markets, a new lending and borrowing platform designed to enhance utility for its USD1 stablecoin and provide users with greater financial flexibility by removing intermediaries commonly found in traditional financial systems.
Platform Details
Powered by Dolomite, the platform currently supports the Ethereum network with plans to expand to additional chains in the future. At launch, available assets include:
Ethereum
cbBTC (Wrapped Bitcoin from a major platform)
USDC
USDT
USD1
WLFI
The platform allows users to earn yield and access liquidity directly onchain through lending and borrowing mechanisms.
Growth and Expansion Plans
According to Zach Witkoff, CEO of World Liberty, the protocol is expected to drive greater adoption of the USD1 stablecoin, which has grown to approximately $3.4 billion in market value since its launch last year.
World Liberty plans to expand its collateral options over time, potentially including real-world assets. The firm is currently developing:
Tokenized commodities
Crypto debit cards
Tokenized real estate
Future Roadmap
The company has recently applied to become a national stablecoin-focused bank and plans to launch its WLFI app later this year, which will incorporate lending functionality to further integrate the platform’s services.
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rekt_but_not_broke
· 12h ago
Another stablecoin lending platform... Is anyone really using USD1?
View OriginalReply0
DAOdreamer
· 12h ago
Another stablecoin and lending, just quietly building. Can USD1 rise this time?
View OriginalReply0
CryingOldWallet
· 12h ago
Another lending platform, to be honest, I'm a bit aesthetically fatigued.
View OriginalReply0
GweiObserver
· 13h ago
Another lending platform, can USD1 become popular? It seems there are too many competitors.
View OriginalReply0
GateUser-e51e87c7
· 13h ago
Another lending platform. Will it last more than six months this time?
View OriginalReply0
SignatureAnxiety
· 13h ago
USD1 is trying a new trick again... Can it last more than three months this time?
View OriginalReply0
digital_archaeologist
· 13h ago
Another stablecoin player, this time going through an intermediary, sounds pretty good.
World Liberty debuts WLFI Markets, a new lending and borrowing platform
Source: CryptoBriefing Original Title: Trump-backed World Liberty debuts WLFI Markets, a new lending and borrowing platform Original Link:
Overview
World Liberty Financial has launched World Liberty Markets, a new lending and borrowing platform designed to enhance utility for its USD1 stablecoin and provide users with greater financial flexibility by removing intermediaries commonly found in traditional financial systems.
Platform Details
Powered by Dolomite, the platform currently supports the Ethereum network with plans to expand to additional chains in the future. At launch, available assets include:
The platform allows users to earn yield and access liquidity directly onchain through lending and borrowing mechanisms.
Growth and Expansion Plans
According to Zach Witkoff, CEO of World Liberty, the protocol is expected to drive greater adoption of the USD1 stablecoin, which has grown to approximately $3.4 billion in market value since its launch last year.
World Liberty plans to expand its collateral options over time, potentially including real-world assets. The firm is currently developing:
Future Roadmap
The company has recently applied to become a national stablecoin-focused bank and plans to launch its WLFI app later this year, which will incorporate lending functionality to further integrate the platform’s services.