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Cryptocurrency News Articles
USD1 Gains Multi-Chain Access Through Chainlink CCIP
May 17, 2025 at 07:16 am
World Liberty Financial has partnered with Chainlink to expand the USD1 stablecoin across multiple blockchains using Chainlink CCIP.
World Liberty Financial is expanding the USD1 stablecoin to multiple blockchains with Chainlink's Cross-Chain Interoperability Protocol (CCIP). The partnership aims to break down ecosystem silos, beginning with seamless USD1 transfers between Ethereum and BNB Chain.
This integration marks a significant step in scaling USD1's availability and cross-chain utility across decentralized finance.
Pundi Wallet now supports @worldlibertyfi #USD1 stablecoin on both @BNBCHAIN and @Ethereum 🔥$PUNDIX $WLFI pic.twitter.com/L6WOumKKQl— Pundi X Labs (@PundiXLabs) May 16, 2025
Chainlink is launching its Cross-Chain Interoperability Protocol (CCIP) to enable seamless and secure token transfers across major blockchain ecosystems. This capability is powered by Chainlink’s industry-leading node infrastructure, which already secures over $75 billion in decentralized finance and processes over $20 trillion in on-chain transactions annually. CCIP will be an immutable layer-0 protocol, designed for maximal uptime, minimal latency, and complete survivability.
World Liberty Financial Integrates Chainlink CCIP for USD1 Transfers
Chainlink CCIP is now integrating with World Liberty Financial to facilitate the transfer of USD1, a fully-reserved dollar-pegged stablecoin, across multiple blockchain networks. Recently surpassing $2 billion in market cap, USD1 is backed by U.S. Treasuries and cash equivalents. The initiative aims to facilitate the broader adoption and use of USD1 within decentralized ecosystems.
Prioritize Security in the Next Stage of Stablecoin Innovation
The integration comes at a critical time, as previous attempts at blockchain interoperability have been vulnerable to attack, leading to significant breaches. In contrast, Chainlink has a spotless security record over its nine years of operation. Its price feeds have already powered Aave v3 in deploying the USD1 stablecoin. These efforts are part of broader collaboration between the two firms to introduce new use cases for USD1.
Greater Accessibility for USD1 Use Cases
This partnership will streamline the use cases of USD1 in real-world payment systems and DeFi protocols. USD1 is now supported for broader applications within cross-chain lending, trading, and settlement platforms.
Furthermore, Chainlink’s standard ensures the stability and scale needed as USD1 adoption increases across major blockchain networks.
World Liberty Financial Expands USD1 Beyond Single-Chain Limits
This collaboration marks a key milestone in expanding the USD1 stablecoin beyond its single-chain use cases. Previously, USD1 operated solely within isolated blockchain environments, such as Ethereum or BNB Chain, for specific decentralized applications.
However, this limited USD1's broader reach and functionality in the rapidly expanding multi-chain DeFi ecosystem. Despite efforts to expand USD1's adoption and use cases, a critical barrier remains—how to transfer USD1 securely between chains.
Earlier attempts at blockchain interoperability have been vulnerable to attack, with some of the largest cross-chain bridges falling victim to exploits in recent times. These breaches not only steal large sums of cryptocurrency but also threaten the stability of the entire decentralized ecosystem.
This integration addresses a key priority for both firms. WLFI is focused on facilitating the adoption of USD1 across major blockchain networks. Meanwhile, Chainlink aims to introduce its new Cross-Chain Interoperability Protocol (CCIP). CCIP is a crucial addition to Chainlink’s existing decentralized infrastructure, which already powers over $75 billion in DeFi and $20 trillion in on-chain transactions annually.
Chainlink Price Feeds Support Aave v3 Deployment with USD1
The partnership builds on earlier collaborations, where Chainlink price feeds supported the deployment of Aave v3 on Optimism, rendering it compatible with USD1. This partnership focuses on an even deeper integration for transferring USD1 seamlessly across major blockchains.
This collaboration is part of broader efforts to introduce new use cases for USD1 in decentralized and traditional financial systems. With U.S. Treasuries backing USD1 and BitGo Trust managing its reserves, the goal is to make USD1 a robust cross-border settlement solution.
The initiative aligns with the growing demand for digital dollar stablecoins and expands on earlier deployments of Chainlink price feeds for Aave v3 on Optimism. These efforts position USD1 for broader adoption in multi-chain DeFi markets.
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