World Liberty Financial (“WLFI”) announced that USD1, the world’s fastest-growing stablecoin, is now available on Coinbase.
“Beginning , countless users will have access to USD1 – the fastest-growing stablecoin in history – continuing our mission of accelerating the worldwide adoption of digital assets.”
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USD1’s availability on Coinbase marks a major milestone in WLFI’s plan to make its stablecoin technology globally accessible to institutional and retail users alike. Users on Coinbase will now have the ability to access USD1 through coinbase.com and Coinbase iOS and Android apps.
“As the first and largest publicly traded digital asset exchange, Coinbase has long been the most trusted crypto platform for millions of people in the United States and around the globe,” said Zach Witkoff, co-founder and CEO of World Liberty Financial. “Beginning today, countless users will have access to USD1 – the fastest-growing stablecoin in history – continuing our mission of accelerating the worldwide adoption of digital assets.”
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A Genius-compliant, enterprise-grade stablecoin, USD1 is 1:1 redeemable with the U.S. dollar and is backed by reserves held in treasury bills, cash deposits, and other cash equivalents. The Coinbase listing follows ALT5 Sigma’s recent $1.5 billion registered direct offering and concurrent private placement to adopt a WLFI Treasury Strategy, a move that marked one of the largest capital raises in the digital asset sector to date.
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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.
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Source : businesswire