World Liberty Financial has just announced a major breakthrough for its USD1 stablecoin — it’s now capable of operating seamlessly across multiple blockchain networks! This exciting development was unveiled at Consensus 2025, with notable figures including Chainlink’s co-founder Sergey Nazarov and Eric Trump, the son of former U.S. President Donald Trump, sharing the news.
USD1, the dollar-backed stablecoin launched by World Liberty Financial, has been making waves in the DeFi space. Since its launch, it has grown rapidly, reaching a market cap of $2 billion and playing a key role in closing MGX’s $2 billion investment deal with Binance. While it still trails giants like Tether and Circle, which boast market caps of over $150 billion and $60 billion respectively, USD1 is carving out its own niche.
What makes USD1 special? It’s backed by short-term U.S. Treasuries and fiat reserves held securely by BitGo Trust. Historically, these types of stablecoins have been limited to a single blockchain environment, which can be a barrier to wider adoption. But that’s about to change.
Thanks to an integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), USD1 can now move freely across different blockchains. Currently, it’s being integrated first with Ethereum and BNB Chain, with plans to support even more networks down the line. This cross-chain capability addresses a critical challenge in the stablecoin market: ensuring security when transferring assets between different ecosystems.
Cross-chain bridges have historically been vulnerable, costing users nearly $3 billion due to exploits and security flaws. Chainlink’s proven infrastructure is designed to mitigate these risks, providing the institutional-grade security needed for reliable, widespread use.
Zach Witkoff, co-founder of World Liberty Financial, emphasized the importance of Chainlink’s technology: “Chainlink’s battle-tested infrastructure delivers the security and reach needed to bring USD1 into the hands of millions across more on-chain ecosystems.”
Further, World Liberty’s vision is clear — they see a future where traditional finance and DeFi are no longer separate worlds but are merging into a unified financial system. Zak Folkman, another co-founder, expressed that their USD1 token’s cross-chain capability is a step toward that future, made possible by the innovative CCIP protocol.
This development builds on previous collaborations where Chainlink’s price oracles supported World Liberty’s deployment of an Aave v3 lending platform, showcasing a continued commitment to integrating trusted decentralized data feeds into their ecosystem.
In essence, USD1’s new multi-chain capability not only broadens its reach but also enhances the security and flexibility of stablecoins overall. As the crypto world evolves, innovations like these bring us closer to a truly interconnected financial system — one where assets can move securely and effortlessly across different blockchains.
Stay tuned — the future of finance is becoming more seamless and secure, thanks to these groundbreaking integrations!
