World Liberty Financial Expands on Solana Blockchain
World Liberty Financial (WLFI), linked to former US President Donald Trump, has recently shared its plans to enhance its operations on the Solana blockchain. The announcement details a new collaboration between the meme coin platform Bonk and Raydium, a decentralized exchange that offers features such as automated market making and order book trading.
This partnership is part of a broader strategy by Solana to launch its stablecoin, USD1, aimed for introduction into the expansive decentralized finance (DeFi) sector by November 5, 2025.
The establishment of this partnership seems to set the stage for USD1 to rival Circle’s USDC, which currently holds a significant share of the Solana stablecoin market. Data indicates that USDC represents more than $9 billion out of the $14.2 billion in stablecoins circulating within the Solana ecosystem.
The primary goal of WLFI’s collaboration with Bonk and Raydium is to establish USD1 as the main stablecoin used by participants in the DeFi arena on Solana.
The partnership also aims to boost liquidity in the system and engage a broader audience. Under the plan, USD1 will be incorporated into Bonk.fun’s memecoin launchpad and Raydium’s trading pool, facilitating automatic matching of buyers and sellers.
This move will lead to the creation of new trading pairs and token launches centered on USD1. To expand its reach, the initiative plans to offer significant incentives—potentially millions of dollars to users who trade for USD1 or contribute liquidity.
WLFI hopes to leverage the quick speeds and low transaction costs associated with the Solana network to position USD1 as the preferred stablecoin for its users.
Since its launch in April 2025, USD1 has rapidly gained traction, amassing a circulation of $2.91 billion by November, making it one of the fastest-growing stablecoins this year.
Following the partnership announcement, WLFI’s value surged nearly 10% within a single day, reaching approximately $0.1226, and pushing its market capitalization to around $3.33 billion.
Recently, WLFI has been taking bold steps in the crypto space. On October 31st, for example, the company launched a USD1 points program to reward users for engaging in DeFi activities.
Through this initiative, users can earn points by supplying 1 USD on platforms like Dolomite. WLFI aims to make stablecoins function seamlessly across applications in an open environment, enhancing their role within the DeFi ecosystem.
Additionally, just prior to the partnership announcement, WLFI distributed 8.4 million WLFI tokens, valued at $1.2 million, to participants of the points program.
The company noted that this effort generated over $500 million in transaction volume within just two months.
On October 29th, WLFI appointed Mac McCain as its new general counsel. McCain previously worked at Robinhood and has held key positions at Charles Schwab, Alta Finance, and Scottrade.
