Trump-backed World Liberty debuts WLFI Markets, a new lending and borrowing platform

World Liberty Financial, a DeFi venture backed by the sons of Donald Trump, has launched World Liberty Markets, a new lending and borrowing platform allowing users to earn yield and access liquidity directly on the blockchain. The platform, powered by Dolomite, currently supports assets on the Ethereum network, including Ethereum, cbBTC, USDC, USDT, USD1, and WLFI, with plans for future expansion to other chains and collateral options like real-world assets. CEO Zach Witkoff anticipates the protocol will boost adoption of their USD1 stablecoin, which has reached a market value of approximately $3.4 billion. World Liberty is also developing tokenized commodities, crypto debit cards, and exploring tokenized real estate, while also applying to become a national stablecoin-focused bank.

(Source：Crypto Briefing)