TLDR
- WLFI to launch USD1 stablecoin on Solana expanding blockchain reach.
- USD1 stablecoin is already live on BNB Smart Chain, Ethereum, and TRON.
- CharlesWLFI confirms USD1 stablecoin’s deployment on Solana.
- 100 million USD1 tokens minted on Solana in preparation for launch.
- Major exchanges like Binance and Coinbase support USD1 stablecoin.
World Liberty Financial (WLFI) is set to launch its USD1 stablecoin on Solana. The company hinted at the upcoming deployment through a post on X. While the project has not made an official announcement yet, several sources confirm the move.
The announcement came alongside an image of the WLFI eagle icon painted in Solana’s signature purple. In the post, WLFI wrote, “USD1 meets internet capital markets. Announcement coming soon.” This message led many to speculate about the future of the USD1 stablecoin on the Solana blockchain.
USD1 Stablecoin’s Expansion to Solana Confirmed
CharlesWLFI, who claims to be the Head of Solana Ecosystem for WLFI, confirmed the deployment on X. In his post, he expressed enthusiasm, saying, “USD1 is coming to Solana — sooner than you think.” The tweet, which marked his first post, raised questions about his identity. However, Zach Witkoff, WLFI’s co-founder, verified that Charles is indeed part of the team, confirming the stablecoin’s Solana launch.
USD1 is coming to Solana — sooner than you think.
Thrilled to help bring @worldlibertyfi into the Solana ecosystem. We’re just getting started
— Charles (@CharlesWLFI) August 29, 2025
Further confirmation came from DeFi protocol Raydium, which teased, “Solana is about to get a lot more stable.” Similarly, the BONK.fun project hinted at the collaboration by referencing the story of a dog and an eagle. Onchain data also supports the rumor, with 100 million USD1 tokens already minted on Solana in preparation.
WLFI Targets DeFi Growth with Solana Launch
The USD1 stablecoin was first launched in April 2025. Since then, its supply increased rapidly, reaching $2.4 billion. However, its growth plateaued, prompting WLFI to pursue new blockchain deployments.
Currently, USD1 operates on Ethereum, BNB Smart Chain, and TRON. Solana would become its fourth blockchain, broadening its potential user base. WLFI’s decision to bring the stablecoin to Solana aims to boost its usage, especially in the DeFi sector.
WLFI also aims to increase the adoption of stablecoin through various partnerships. USD1 is already supported by major exchanges such as Binance, Coinbase, and Gate.io. Several DeFi protocols, including PancakeSwap and JustLend, have also integrated the stablecoin into their platforms.
Stablecoin Growth Impacts Tether’s Market Share
The stablecoin market continues to grow, with a significant increase in market capitalization. USD1’s growth has been slower than that of some competitors, such as Ethena USDe and MakerDAO’s DAI. Nevertheless, USD1’s 10% growth in the past month shows that it is still gaining momentum.
Experts note that the growth of stablecoins like USD1, PayPal PYUSD, and Ripple RLUSD has impacted Tether’s market dominance. Tether now holds 59% of the stablecoin market, while USD1 is striving to capture more market share. With Solana’s deployment, USD1 stablecoin could see even more widespread use across the DeFi ecosystem.
