Stakestone cooperates with Trump’s World Liberty Financial (WLFI) and offers cross-chain-chain liquidity support for its USD1 Stablecoin. USD1 users will also benefit from the sustainable returns of the company.
This collaboration will remove the need for bridges, packing or waiting periods when moving USD1 tokens cross-chain. Stakestone has not specified which block chains are eligible for this support, but it has integrated more than 20 of them.
Stakestone works together with WLFI
The Trump-family-associated world Liberty Financial shocked the world when it launched USD1, a dollar-supported Stablecoin who attracted a lot of controversy.
Yet USD1 has proved to be a success, soon more than $ 2 billion in market capitalization, and the company is now looking for infrastructure upgrades.
Thanks to a partnership with Stakestone, WLFI’s Stablecoin will now enjoy an increased cross-chain liquidity:
What is Stakestone? This decentralized Omnichain -Liquidity infrastructure protocol grew into prominence last year as a liquid pool.
This allows users to use assets, earn yields to maintain the possibility of using these assets on different Defi protocols. There are five tokens in its ecosystem, which mainly help interactions with ETH and BTC.
Stakestone is integrated with more than 20 block chains and 100 protocols, and this property is particularly attractive for WLFI. The announcement of the couple of partnership does not state directly the expansion of USD1, but that is not the main drawing.
Instead, the cross-chain infrastructure of Stakestone USD1 users will easily move over multiple block chains.
The two companies kept the most specific information among wraps, but a few important components are clearly visible. WLFI users will benefit from Stakestone’s Stone, a yielding token that represents Stant-eth.
USD1 transactions can now use the seamless and smooth cross-chain activities of Stone without the needs of bridges, packing or waiting periods.
Although the fame of Stakestone grew last year, this WLFI partnership could take it much higher. The company’s TV is around $ 2 billion, about the same as the market capitalization of USD1 after a month on the market.
WLFIs Stablecoin from his part will get real usability and defi-native liquidity and flexibility. Both parties will benefit considerably from this deal.
