The crypto venture backed by the Trump family is moving into a new phase. On Monday, the team launched World Liberty Markets, a platform where people can lend and borrow different digital coins. This new service supports the company’s own tokens, like the USD1 stablecoin and the WLFI token, along with major names like Bitcoin (BTC-USD) and Ethereum (ETH-USD). By adding these features, the Miami-based startup is trying to turn its stablecoin into a key tool for everyday crypto finance.
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It’s a New Way to Use Digital Cash
This update is all about giving users more things to do with their money. Instead of just holding their coins, users can now lend them to others to earn a return. Helping this growth is a partnership with Dolomite, a well-known tech platform that runs the under-the-hood parts of the lending system. The team also dropped hints that they might eventually allow people to use real-world items, like real estate, as collateral for loans. This would be a major step in connecting the digital world with traditional property and business.
World Liberty Gains Big Support from Global Partners
World Liberty has grown very quickly since it started last year. Its main stablecoin, USD1, is already worth about $3.4 billion. A big part of this success comes from strong ties with Binance, the world’s biggest crypto exchange, which has helped make the token easy to trade.
Moreover, other large investment firms have also used the coin for massive multi-billion dollar deals. As the project grows, the team is working on more partnerships with other exchanges and is even planning a mobile app and a debit card for later this year.
World Liberty Aims for Official Bank Status
The project isn’t just staying in the world of crypto; it wants to join the regular banking system too. One of its branches recently applied for a U.S. bank charter. If approved, this would allow World Liberty to act more like a traditional bank and work directly with large companies and institutions. This move toward being fully regulated is meant to show that the project is serious about becoming a permanent, safe part of the global financial world.
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