Gogol-Style DeFi Saga: The USD1 Circus Hits the Global Stage

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Trump-backed World Liberty Financial has unveiled its first decentralized finance web app, a curious creature named World Liberty Markets, as if summoned from a bureaucracy’s fever dreams. It allows the townsfolk to lend and borrow its dollar-backed stablecoin, USD1. Born upon the scaffolding of Dolomite’s infrastructure, the contraption permits one to deploy USD1 or to mantle assets like ETH, USDC, and USDT as collateral. The launch rings through the metropolis as a signal flare: USD1’s real-world use thickens, and its circulating supply, like a nobleman’s vanity, has swollen to $3.4 billion. Ah, progress, with a flourish and a flourish again, like a new clerk at the post office who puffs on a cigar and declares the calendar closed.

Trump’s WLFI Lets Users to Lend

Trump has been, shall we say, amiably effusive toward the crypto carnival since winning the elections, as if crypto were a chambermaid with a secret recipe for fortune. According to the latest scroll of news, World Liberty Financial-an outfit of crypto, backed by the gentlemen’s kin of Donald Trump-has unfurled its inaugural DeFi stage, called World Liberty Markets. Announced on Monday, this new theatre invites citizens to lend and borrow using the firm’s dollar-pegged stablecoin, USD1.

The platform is conjured with the tech of the DeFi sorcery Dolomite and permits users to lend and borrow crypto assets directly on-chain, with USD1 strutting as the headliner.

5/ Users will influence what comes next. WLFI token holders can propose and vote on new collateral assets and incentive structures inside WLFI Markets. As WLFI Markets grows, the community’s influence over the system grows with it.

– WLFI (@worldlibertyfi) January 12, 2026

Zak Folkman, Co-Founder and COO of World Liberty Financial, spoke as if delivering a stern sermon to a crowd of paper economists: “A year ago, we set out to forge a stablecoin that could contend with the grandest names in crypto, and USD1 has surpassed every expectation. Now we’re handing USD1 users even more ways to set their stablecoins to work. World Liberty Markets is a major step forward, and it’s merely the first of many products we’re plotting to roll out over the next 18 months.”

World Liberty Markets permits lending and borrowing USD1, while also allowing the use of other assets like WLFI, ETH, cbBTC, USDC, and USDT as collateral, all presented with the solemn pomp of a winter market day.

The stage includes a USD1 Points Program that bestows rewards upon those who deposit the stablecoin; yet the company keeps its lips tight about the precise workings or the lucky few who qualify, like a secret supper at the governor’s mansion where the menu remains a mystery.

According to World Liberty Financial, the launch marks a grand step toward making USD1 more useful in real-world crypto conduct by ushering it into live DeFi markets. The stablecoin’s circulating supply has, as legends say, lately touched $3.4 billion.

WLFI Pushes USD1 Aggressively

WLFI has been propelling USD1 with zealous gusto in recent months. As Coinpedia once reported, World Liberty Financial proposed to allocate $120 million from its WLFI token treasury to accelerate the adoption of its USD1 stablecoin, like a noble marshal sending silver coins to the front lines.

The plan would deploy roughly 5% of the treasury to broaden USD1’s circulating supply and fund integrations across centralized and decentralized crypto platforms, as the stablecoin market expands and the town crier grows hoarse. The proposal currently waltzes through a governance vote, with WLFI token holders split over whether deploying treasury funds at this moment is prudent or foolhardy dressed in a business suit.

Additionally, World Liberty Financial applied last week for national trust bank status in the United States, submitting to the Office of the Comptroller of the Currency. The move would allow the company to issue and redeem its USD1 stablecoin, offer custody services, and handle dollar-to-stablecoin conversions, as if bestowing a passport to a new financial empire.

These recent schisms of activity reveal how WLFI intends to press USD1 into the belly of the financial system, with fanfare, a nod to inevitability, and perhaps a wink to the reader who knows a good hustle when they see one. 💸🤖😂

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2026-01-12 22:59