World Liberty launches $3.4B stablecoin: How it fits into onchain credit systems

World Liberty launches $3.4B stablecoin: How it fits into onchain credit systems

World Liberty launches a $3.4-billion stablecoin and lending platform, positioning it within onchain credit, collateralized loans and DeFi markets.

World Liberty Financial has entered DeFi lending with the launch of World Liberty Markets, an onchain borrowing and lending platform built around its dollar-pegged stablecoin USD1.

The platform uses smart contracts to manage lending terms, replacing centralized intermediaries with transparent and automated risk controls that are visible on the blockchain.

USD1 plays a central role as the primary borrowing and settlement asset, allowing users to unlock liquidity from volatile holdings such as ETH or tokenized Bitcoin without selling those assets.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.