World Liberty Financial’s USD1 stablecoin has taken a significant leap forward, now extending its presence across multiple blockchains via Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The announcement was made at Consensus 2025 by World Liberty Financial’s team, Chainlink co-founder Sergey Nazarov, and none other than Eric Trump, son of the U.S. President. This development aims to bolster the stablecoin’s utility by breaking free from the confines of single blockchain ecosystems.
Unleashing USD1 Across Chains
The USD1 stablecoin, backed by U.S. dollar reserves and short-term Treasuries held by BitGo Trust, has been making waves since its inception. With a market cap now reaching $2 billion, USD1 has become a formidable player in the stablecoin arena, though it still lags behind giants like Tether and Circle. The integration with Chainlink CCIP, beginning with Ethereum and BNB Chain, promises to enhance its cross-chain operability—a critical step forward in a market plagued by security vulnerabilities. This strategic move aligns with World Liberty’s broader financial ambitions, as highlighted in our recent coverage of their partnership with MGX.
Cross-chain transactions have long been fraught with risk, often resulting in staggering losses for users. “Historically, vulnerabilities in cross-chain bridges have cost users nearly $3 billion,” noted the announcement, highlighting the importance of robust security measures. Zach Witkoff, co-founder of World Liberty Financial, emphasized, “Chainlink’s battle-tested infrastructure delivers the institutional-grade security and extensive reach needed to deliver USD1 into the hands of millions across a growing number of active, on-chain ecosystems.”
Bridging Traditional and Decentralized Finance
World Liberty Financial, a DeFi protocol with roots tracing back to the Trump family, envisions a future where decentralized and traditional finance seamlessly merge. Zak Folkman, another co-founder of World Liberty, shared his optimism: “Chainlink is absolutely critical to merging traditional finance and decentralized finance… We don’t see a world where DeFi exists in its own ecosystem and traditional finance carries on but we believe in a very short amount of time that they will, in fact, merge.” This vision echoes the recent developments in the stablecoin payment sector, as seen in Visa and Baanx’s launch of USDC payment cards.
This collaboration isn’t the first between the two entities. Previously, World Liberty utilized Chainlink’s price oracles to support the deployment of an Aave v3 instance. Now, with CCIP in the mix, the USD1 stablecoin can transcend previous limitations, moving with new freedom across blockchain borders.
A Market in Flux
The stablecoin market is dynamic and fiercely competitive. While USD1’s recent integration marks a milestone, it faces stiff competition from industry titans. Tether and Circle boast market caps of $151 billion and $60.6 billion, respectively, leaving World Liberty plenty of ground to cover. Yet, with the ability to transact across multiple chains, USD1 is positioning itself as a versatile alternative for users seeking cross-chain liquidity.
The broader implications for the cryptocurrency market are significant. As more projects embrace cross-chain interoperability, we may witness a shift in how digital assets are utilized and valued. A seamless, interconnected blockchain ecosystem could redefine finance itself.
Future Outlook
The road ahead for USD1 and World Liberty Financial is paved with both opportunities and challenges. The integration with Chainlink CCIP appears to be just the beginning. As more blockchains are expected to be incorporated into this network, the potential for growth is substantial.
However, questions linger about the long-term viability of such integrations. Will the security measures hold up under increased transaction volumes? And can USD1 chip away at the dominance of Tether and Circle in the stablecoin realm? As the year progresses, the answers to these questions will likely shape the future trajectory not only for World Liberty but for the entire crypto landscape.
In the meantime, the industry—and its many stakeholders—will be watching closely.
Source
This article is based on: World Liberty’s Stablecoin Now Available on Multiple Networks Via Chainlink
Further Reading
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- U.S. Senate Moves Toward Action on Stablecoin Bill
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
