Big news: @RaydiumProtocol is now the official DEX for USD1 on @solana.
I’ve been around DeFi long enough to see dozens of stablecoins launch, but most of the time it’s still just USDC vs USDT. USD1 feels different.
Here’s why:
🔸It’s created by @worldlibertyfi (WLFI), a Trump-backed project with direct political and institutional ties.
🔸Fully backed by U.S. Treasuries and custodied by BitGo so it’s not just another algorithmic attempt.
🔸It’s already been used in a $2B Binance x Abu Dhabi MGX deal, proving it has real institutional utility.
🔸Market cap is $2.5B, making it the fifth largest stablecoin globally.
This is adoption rails being built. Solana DeFi & tokenised equities are now at a stage where politically backed, multi-billion $ coins choose to go native & Raydium is leading it.
That’s a big signal.
50.75K
143
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.