Stakestone has teamed up with Trump World Liberty Financial (WLFI), providing transverse liquidity support for its stablecoin USD. USD1 users will also benefit from the company’s sustainable yields.
This partnership will remove the need for bridges, packaging or waiting periods when moving the USD1 token chain. Stakestone did not specify which blocks are eligible for this support, but it has integrated more than 20.
Stake is associated with WLFI
The World Liberty Financial, associated with the Trump family, shocked the world when it launched USD1, a sustained stablecoin of a dollar that attracted a lot of controversy.
However, USD1 proved to be a success, rapidly exceeding $ 2 billion in market capitalization, and the company is now looking for infrastructure upgrades.
Thanks to a partnership with Stakestone, WLFI Stablecoin will now benefit from growing cross -liquidity:
What is Stakestone? This decentralized Omnichain liquidity infrastructure protocol was gaining importance last year as liquid layoff.
It allows users to put the accumulated assets, gaining yields while maintaining the possibility of using these assets on various DEFI protocols. Five tokens exist in its ecosystem, mainly helping interactions with ETH and BTC.
Stakestone has integrated more than 20 blockchains and 100 protocols, and this line is particularly attractive for WLFI. The announcement of the Pair partnership does not directly mention the implementation of USD1, but this is not the main draw.
Instead, Stakestone’s transverse infrastructure will facilitate that USD users easily move on several blockchains.
The two companies have kept most of the specific information under the Wraps, but some key components are clearly visible. WLFI users will benefit from Stakestone’s Stone, a token providing the marked ETH representative.
USD1 transactions can now use seamless and stone transversal operations without the need for bridges, packaging or waiting.
Although Stakestone’s notoriety increased last year, this WLFI partnership could take it much higher. The company’s TVL represents around $ 2 billion, almost the same as USD market capitalization after a month on the market.
WLFI’s stablecoin, for its part, will gain real conviviality and liquidity and a challenge flexibility. The two parties should considerably benefit from this agreement.
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