cpeditor
World Liberty Financial has announced that its USD1 stablecoin is now interoperable across multiple blockchain networks, thanks to an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Initially, this support covers Ethereum and BNB Chain, with plans to include more blockchains in the future.
At the Consensus 2025 event, representatives from World Liberty Financial, Chainlink co-founder Sergey Nazarov, and Eric Trump—son of former U.S. President Donald Trump—highlighted the launch of these cross-chain capabilities.
USD1, a U.S. dollar-backed stablecoin inspired by Trump and issued by World Liberty’s decentralized finance protocol, has rapidly grown since its inception, reaching a market capitalization of $2 billion. The token notably facilitated MGX’s $2 billion investment in Binance.
Although USD1’s market cap trails industry giants like Tether ($151 billion) and Circle’s USDC ($60.6 billion), it remains backed by short-term U.S. Treasuries and fiat reserves held securely by BitGo Trust.
Historically, stablecoins have faced significant challenges when moving between blockchains, with nearly $3 billion lost due to vulnerabilities in cross-chain bridges. This integration aims to overcome those hurdles by leveraging Chainlink’s battle-tested infrastructure, which delivers institutional-grade security and broad network reach.
“Chainlink’s robust infrastructure provides the security and scale we need to bring USD1 to millions of users across diverse blockchain ecosystems,” said Zach Witkoff, co-founder of World Liberty Financial.
Zak Folkman, also co-founder of World Liberty Financial, emphasized the strategic importance of this integration: “Bridging traditional finance and decentralized finance has been our mission from the start. With CCIP enabling cross-chain compatibility, USD1 is now truly bridgeable, marking a key milestone in the merging of these worlds.”
This new cross-chain functionality builds upon a previous partnership where Chainlink’s price oracles supported World Liberty’s deployment of an Aave v3 instance, further deepening the collaboration between the two firms.
