World Liberty Financial Plans to Launch USD1, the Institutional-Ready Stablecoin
World Liberty Financial Inc. (“WLFI”), the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, today announced its plans to launch USD1, a stablecoin redeemable 1:1 for the US dollar (USD).
WLFI’s USD1 will be 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. Initially, USD1 tokens will be minted on the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains, with plans to expand to other protocols in the future. Each token is intended to maintain a value of $1 USD, fully backed by a reserve portfolio audited regularly by a third-party accounting firm.
“USD1 provides what algorithmic and anonymous crypto projects cannot—access to the power of DeFi underpinned by the credibility and safeguards of the most respected names in traditional finance,” said Zach Witkoff, WLFI co-founder. “We’re offering a digital dollar stablecoin that sovereign investors and major institutions can confidently integrate into their strategies for seamless, secure cross-border transactions.”
USD1 reserves will be custodied by BitGo, the world’s largest independent qualified custodian and leader in digital asset security, custody, and liquidity. BitGo provides the operational backbone for thousands of institutional clients in multiple international jurisdictions. BitGo Prime, BitGo's prime brokerage service, will also support USD1—providing institutional clients with access to deep liquidity and trading, all from insured and regulated qualified custody.
“The launch of USD1 represents a significant advancement in institutional-ready digital assets,” said Mike Belshe, BitGo CEO. “Our clients demand both security and efficiency, and this partnership with WLFI delivers both – combining deep liquidity with the assurance that reserves are securely held and managed within regulated, qualified custody.”
Unlike alternatives that introduce additional risk factors, USD1 prioritizes stability through its conservative approach. By avoiding complex yield-generating mechanisms, USD1 offers the clarity and security required for broader institutional adoption.
As World Liberty Financial continues to build the future of decentralized finance, stay updated on the latest developments and announcements by following us on X at https://x.com/worldlibertyfi.
About World Liberty Financial
World Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform dedicated to empowering individuals through transparent, accessible, and secure financial solutions. Inspired by the vision of President Donald J. Trump, WLFI seeks to democratize access to DeFi by creating user-friendly tools that bring the benefits of decentralized finance to a broader audience. WLFI plans to be at the forefront of DeFi, offering an intuitive, robust platform that empowers users to participate actively in the financial future.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250325773694/en/
Contacts
Media Contact:
KC Maas, Wachsman
wlfi@wachsman.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
FPT Launches AI-First Platform FleziPT, Accelerating Global Enterprise Transformation13.8.2025 11:04:00 EEST | Press release
Global IT firm FPT officially announced the launch of its new artificial intelligence (AI) platform, FleziPT. Designed to deliver end-to-end, customized AI-powered transformation solutions, FleziPT empowers organizations to achieve exceptional speed, precision, and quality in their transformation journeys. This launch strengthens FPT’s position as an AI-first company with full-stack AI capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812864322/en/ FPT Launches AI-First Platform FleziPT, Accelerating Global Enterprise Transformation FleziPT is backed by the company’s AI-driven software development life cycle (SDLC), delivering intelligent solutions across key domains. It leverages an AI-augmented workforce, including 12,000 skilled software engineers proficient in AI and a million digital workers in the making globally. The AI Platform allows enterprises to embed AI agents throughout every phase of software dev
Xsolla’s Leading Web Shop Puts Mobile Developers Back in Control to Shift Revenue, Own Their Data, and Build Direct-to-Player Experiences That Scale13.8.2025 11:00:00 EEST | Press release
Xsolla, a global commerce company helping developers launch, grow and monetize their games, announces today significant updates to its leading Web Shop solution for mobile games, following major shifts in direct-to-consumer monetization. These new updates provide studios with a quick and seamless way to earn more substantial and long-term revenue, while retaining a larger share of every dollar that comes in. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250813375229/en/ (Graphic: Xsolla) With over 600 Web Shops launched globally, Xsolla’s partners demonstrate their effectiveness at scaling direct sales and creating lasting revenue streams outside traditional app store ecosystems. As developers face rising user acquisition costs and development expenses, varying regulations across regions, and high in-app fees, Xsolla Web Shop offers a strategic edge: a frictionless way to convert players into paying customers, retain them l
Successful Launch of Metop-SGA1 to Take Weather Forecasting to New Heights13.8.2025 10:18:00 EEST | Press release
With a global audience watching in anticipation at launch events and online, Metop Second Generation A1 (Metop-SGA1) – also carrying the European Union’s Copernicus Sentinel-5 mission – lifted off on an Ariane-62 rocket from Europe’s Spaceport in Kourou, French Guiana, at 02:37 CEST on 13 August. As the first satellite in the EUMETSAT Polar System – Second Generation (EPS-SG) programme, the launch marks a major step toward delivering more precise forecasts and earlier warnings to help protect lives and property from extreme weather. EPS-SG will also support economies across Europe, with an expected return on investment of at least 20 to 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812515499/en/ Launch of Metop SGA1 on board of Ariane-62 rocket from Europe’s Spaceport in Kourou, French Guiana, at 02:37 CEST on 13 August Now heading into a polar orbit around 800 kilometres above the Earth’s surface, Metop-SGA1 will soo
NTT DATA Partners with Google Cloud to Accelerate Agentic AI Adoption and Cloud Modernization for Enterprises Globally13.8.2025 09:49:00 EEST | Press release
NTT DATA, a global leader in digital business and technology services, today announced a global partnership with Google Cloud to accelerate AI-powered cloud innovations and unlock new possibilities with AI for enterprise organizations across industries. This collaboration combines NTT DATA’s deep industry expertise in AI, cloud-native modernization and data engineering with Google Cloud’s advanced analytics, AI and cloud technologies to deliver tailored, scalable enterprise solutions. With a focus on co-innovation, the partnership will drive industry-specific cloud and AI solutions, leveraging NTT DATA’s proven frameworks and best practices along with Google Cloud’s capabilities to deliver customized solutions backed by deep implementation expertise. Significant joint go-to-market investments will support seamless adoption across key markets. According to Gartner®, worldwide end-user spending on public cloud services is forecast to reach $723 billion in 2025, up from $595.7 billion in
Alipay+ and Kaspi.kz Enhance International Payment Acceptance in Kazakhstan13.8.2025 08:01:00 EEST | Press release
Alipay+, Ant International’s global wallet gateway, and Kaspi.kz, the leading super app in Kazakhstan, have enabled international cross-border QR payment acceptance in Kazakhstan. Users of 12 Alipay+-enabled payment apps can scan-to-pay via Kaspi QR, which has the largest nationwide merchant coverage, from shopping, F&B and attractions, to convenience stores, medical services and even stores in smaller villages and towns. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812116781/en/ Alipay+ partners can scan at Kaspi.kz merchants across Kazakhstan Kazakhstan becomes the first country in Central Asia to accept Alipay+, enabling local merchants to leverage the country’s digital payment infrastructure to benefit from tourism growth by accepting more international payment options. In the first half of 2025, Kazakhstan welcomed a record 7.5 million international visitors. Travellers from China, Germany and South Korea are among
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom