World Liberty DeFi Launch

Benzinga

World Liberty Financial launched a DeFi lending platform for its USD1 stablecoin, enabling crypto-backed borrowing as circulation grows to $3.4 billion amid Trump-linked involvement.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02World Liberty Financial launched World Liberty Markets,

00:05a decentralized finance lending platform for its 1 US dollar stablecoin, according to Benzinga.

00:11The platform allows users to lend and borrow 1 US dollar using collateral,

00:15including Ethereum, USDC, USDT, tokenized Bitcoin,

00:20and the WLFI governance token through the Dolomite Protocol.

00:23Borrowing 1 US dollar currently costs about 0.83% interest,

00:28while lending earns about 0.08%, with rates expected to change.

00:33One US dollar has reached $3.4 billion in circulation since launching in March 2025,

00:39ranking among the largest dollar-backed stablecoins behind Tether, Circle, and PayPal PYSD.

00:45World Liberty lists Trump and his sons as co-founders

00:48and reported more than $800 million in Trump-linked crypto income in 2025.

00:53An October investigation by Reuters found the Trump family

00:57earned hundreds of millions from World Liberty Financial and related token sales

01:01in the first half of 2025.

01:04For all things money, visit Benzinga.com.

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