WLFI Partners With AB To Deploy The USD1 Stablecoin On AB Chain
World Liberty Financial (WLFI) deployed its USD1 stablecoin onto the high-performance AB Chain network.Summary
World Liberty Financial (WLFI) has partnered with AB Chain to deploy its USD1 stablecoin on the AB Chain network, aiming to provide users with a faster and more convenient stablecoin experience.
This deployment enhances AB Chain's DeFi and payments ecosystem, supporting use cases like trading, lending, and liquidity. Concurrently, the AB Wallet is being positioned as the most user-friendly wallet for USD1, offering zero-fee transfers and near-instant settlement, with future plans for USD1 yield services.
AB Chain is described as a next-generation, modular blockchain ecosystem supporting various applications, anchored by the AB Core mainnet. WLFI, founded in 2024, is a DeFi protocol whose USD1 stablecoin is backed by U.S. treasuries and cash equivalents, and the company is majority-owned by entities associated with the Trump family.
(Source：BeInCrypto)