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Trump-Linked Stablecoin USD1 Goes Cross-Chain with Chainlink CCIP

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By on May 17, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Trump-Linked Stablecoin USD1 Goes Cross-Chain with Chainlink CCIP appeared first on Coinpedia Fintech News

World Liberty Financial’s USD1 stablecoin, pegged to the U.S. dollar, has taken a significant step forward by becoming operable across multiple blockchain networks through Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Announced at Consensus 2025 by World Liberty co-founder Zak Folkman, Chainlink’s Sergey Nazarov, and Eric Trump, this integration aims to solve long-standing cross-chain security challenges that have cost users billions in losses.

Cross-Chain Security and Expansion

USD1 can now move easily between different blockchains like Ethereum and BNB Chain, thanks to Chainlink’s tech. This solves a big problem in crypto as most blockchains don’t talk to each other well, and past attempts have led to hacks costing billions. Now, USD1 uses a more secure system that makes it safer and more useful.

The stablecoin already has a $2 billion market cap and was even used in a big $2B deal with Binance. While it’s still smaller than Tether or Circle, it’s gaining trust because it’s backed by real assets like U.S. Treasuries and cash held by BitGo Trust.

Controversy?

US Senator Richard Blumenthal is investigating World Liberty Financial’s USD1 stablecoin because of its connection to President Trump and possible conflicts of interest. In response, World Liberty Financial’s lawyers denied the accusations and defended the stablecoin’s goals.

Bridging Traditional Finance and DeFi

Zak Folkman emphasized that World Liberty Financial is focused on the future where traditional finance and decentralized finance (DeFi) merge seamlessly. The USD1 token’s cross-chain compatibility is a strategic move toward that vision, leveraging Chainlink’s infrastructure to bring secure, scalable access to both on-chain and off-chain markets.

Also Read :   Donald Trump’s Crypto Firm Invested $3M in EOS   ,

What This Means for You

For everyday users, this update means more freedom and security when using USD1. You won’t have to worry as much about losing money when moving stablecoins between different networks. Plus, as USD1 grows and gets easier to use, it could become a reliable option for payments, trading, and more, whether you’re a crypto newbie or a seasoned trader.

Overall, this move by World Liberty Financial and Chainlink helps stablecoins get better, safer, and more practical. It’s a sign that crypto is moving closer to becoming a real-world tool that anyone can use confidently.

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