Chainlink connectivity brings World Liberty’s stablecoin to a range of blockchain ecosystems.
World Liberty Financial has expanded the reach of its USD1 stablecoin by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling the token to operate across multiple blockchain networks. The initial rollout supports Ethereum and BNB Chain, with additional blockchains planned for future integration.
This milestone was announced at Consensus 2025 by World Liberty Financial’s team, Chainlink co-founder Sergey Nazarov, and Eric Trump, son of former U.S. President Donald Trump, who have all championed the project’s vision.
USD1, a U.S. dollar-backed stablecoin created by a DeFi protocol inspired by Trump, has experienced rapid growth, achieving a $2 billion market capitalization. It played a pivotal role in MGX’s $2 billion funding round with Binance.
Though still behind industry leaders like Tether and Circle’s USDC — with market caps of $151 billion and $60.6 billion respectively — USD1 is backed by short-term U.S. Treasuries and fiat reserves secured through BitGo Trust.
Until now, USD1 was primarily confined to single blockchain ecosystems. With the integration of CCIP, the stablecoin can freely move across chains, addressing the critical issue of cross-chain security that has historically resulted in nearly $3 billion in losses due to bridge vulnerabilities.
Zach Witkoff, co-founder of World Liberty Financial, commented, “Chainlink’s secure and scalable infrastructure is essential to delivering USD1 safely across multiple blockchain environments.”
Zak Folkman, also a co-founder, added, “Our mission has always been to merge traditional finance with decentralized finance. Thanks to Chainlink and CCIP, USD1 is now fully bridgeable, marking a key step toward the future of finance.”
This integration builds on a previous collaboration where Chainlink’s price oracles supported World Liberty’s deployment of an Aave v3 instance, reinforcing their ongoing partnership.
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