Ah, the ever-so-chic world of DeFi! WLFI has just made its USD1 stablecoin the talk of the town by deploying it on AB Chain, a move as sleek as a well-tailored suit and as efficient as a well-organized soirée. 🚀
With AB Chain’s high-speed network, the USD1 now zips through transactions faster than a champagne flute at a gala. And let’s not forget the deeper DeFi liquidity-because who doesn’t want their money to dance in the markets? 💸
- WLFI deployed its USD1 on AB Chain, because why settle for slow when you can have a swift, sophisticated swap? 🔄
- USD1, launched in March, is as solid as a well-tied tie, backed 1:1 by U.S. dollars and government funds. 🏦
According to a press release dated Nov. 13, the Trump family’s World Liberty Financial has once again proven that even in the crypto world, family ties are as valuable as a well-placed emoji. 🤝 The integration, developed with AB Chain’s team, lets users transact with USD1 using AB’s nifty architecture. 🧠
The partnership is deepening, with the AB Wallet planning to offer zero-fee USD1 transfers. And who knows? Maybe next, they’ll add a yield-generating service that’s actually worth the hype. 🤔
WLFI’s USD1: A Stablecoin with a Twist
WLFI first launched USD1 in March, initially supporting only Ethereum and BNB Chain. But now, it’s as ubiquitous as a well-stocked bar-available on major exchanges like Binance and Bybit, and decentralized protocols like Uniswap and PancakeSwap. 🍸
Its growth has been nothing short of meteoric. Just days before the AB Chain announcement, WLFI integrated USD1 into the StableStocks ecosystem, allowing users to trade tokenized U.S. stocks and ETFs. Because nothing says “financial innovation” like trading stocks with a stablecoin. 📈
Prior to that, WLFI unveiled a points program on Dolomite, incentivizing users to supply USD1. And let’s not forget the legal team-Mack McCain, a former Robinhood and Charles Schwab exec, now General Counsel. Because nothing says “legitimacy” like hiring someone who’s seen it all. 🧑⚖️
But alas, even the most polished facade can crack. WLFI is currently facing backlash for allegedly freezing investor funds. Ethereum developer Bruno Skvorc called it “theft” and a “mafia-style” setup. 🕵️♂️ And Tron founder Justin Sun? He’s none too pleased, calling the action “unreasonable.” 🤯
Blockchain analyst ZachXBT suggests automated compliance systems might be to blame-because nothing says “trust” like a system that locks your funds based on past interactions with Tornado Cash. 🤖
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2025-11-13 18:30