World Liberty Financial launched a lending and borrowing platform for its USD1 stablecoin, expanding use cases for the $3.4 billion token closely tied to President Donald Trump.
The Miami-based company deployed the service through Dolomite, enabling users to lend and borrow USD1, WLFI governance tokens, Ether, tokenized Bitcoin, USDC and USDT, according to Bloomberg.
World Liberty co-founder Zach Folkman said the platform will add collateral types over time, potentially including tokenized real estate linked to Trump Organization properties.
What Happened
The lending platform represents World Liberty's push to broaden USD1 utility beyond value storage.
USD1 reached $3.4 billion circulation since March 2025.
Binance helped create USD1 and recently listed additional trading pairs.
Abu Dhabi investment firm MGX previously used $2 billion worth of USD1 to purchase a Binance stake.
World Liberty CEO Zach Witkoff called the Dolomite integration "huge" for adding utility.
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Why It Matters
The platform launch coincides with World Liberty's January 7 application for a U.S. national trust bank charter.
The proposed bank would allow internal USD1 issuance and custody, eliminating reliance on third-party providers.
Rival stablecoins USDT and USDC already dominate DeFi lending with combined circulation exceeding $150 billion.
World Liberty plans a mobile app and debit card later this year for USD1 spending with loyalty points.
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