TLDR
- Mantle has secured the launch of World Liberty Financial’s USD1 stablecoin on its blockchain.
- The blockchain platform introduced a Tokenization-as-a-Service offering for institutions to manage tokenized assets.
- Mantle’s new service includes KYC integration, legal frameworks, smart contract deployment, and security audits.
- The partnership with World Liberty Financial adds credibility and boosts Mantle’s blockchain ecosystem.
- Mantle has established liquidity channels with Hyperliquid’s DEX, Coinbase International Exchange, and plans a Revolut listing.
Mantle has secured the launch of World Liberty Financial’s (WLFI) USD1 stablecoin on its blockchain. Donald Trump Jr., along with WLFI executives Zach Witkoff and Zak Folkman, announced at the TOKEN2049 conference. This milestone signals Mantle’s commitment to expanding its institutional offerings by integrating stablecoins into its ecosystem. Alongside this, the blockchain launched a Tokenization-as-a-Service platform for institutions.
Mantle Incorporates USD1 Stablecoin for Institutions
Mantle’s move to incorporate the USD1 stablecoin builds on its effort to offer comprehensive services to financial institutions. The stablecoin, backed by World Liberty Financial, adds a new layer of credibility to Mantle’s blockchain ecosystem. This partnership also highlights the increasing importance of blockchain in global financial systems, particularly in the issuance of stablecoins.
The blockchain’s Tokenization-as-a-Service offering is designed to help institutions manage the technical and compliance aspects of tokenized assets. This service includes KYC integration, legal frameworks, and the deployment of smart contracts. Moreover, Mantle ensures security audits and provides compliant interfaces to help institutions navigate regulatory challenges.
Mantle’s infrastructure expansion is paired with developer scholarships and global hackathons to encourage the growth of Real World Asset (RWA) applications. The blockchain has also established liquidity channels through Hyperliquid’s DEX and Coinbase International Exchange derivatives. Additionally, a planned Revolut listing will further strengthen its ecosystem, offering easy access to institutional and retail markets.
Emily Bao, a Key Advisor at Mantle, highlighted the growing potential of the tokenized asset market, which is forecasted to reach trillions by 2030. She stated,
“Institutions are racing to bring assets on-chain as the market continues to expand.”
Competition and the Changing Stablecoin Landscape
The global stablecoin market surpassed $300 billion this week, reflecting growing interest from institutional investors. The rise of yield-bearing stablecoins such as USDe is reshaping the competitive landscape of the market. These new entrants are challenging the dominance of Tether and Circle, as smaller issuers now offer returns on stablecoin holdings.
The regulatory shift in the United States, particularly with the GENIUS Act, has also opened doors for traditional banks to issue stablecoins. JP Morgan and Citigroup are already exploring joint ventures to launch their stablecoin. Meanwhile, in Europe, ING and UniCredit are leading a group of banks planning a MiCA-compliant euro stablecoin by 2026.
Ben Zhou, CEO of Bybit, noted that Mantle’s institutional-grade services provide a “full-stack institutional bridge from TradFi to DeFi.” This positioning places Mantle in direct competition with established players in the stablecoin space, including Tether and Circle.