World Liberty Financial (WLF)Decentralized financing (Defi) The protocol associated with the president of the United States, Donald Trump and his family, is working with RE7 Labs to establish a vault for its USD1 stablecoin on Euler and Lata loan platforms, the companies said in a statement on Friday.
The measure is part of the broader initiative of World Liberty to climb USD1 in the BNB chain of Binance, a block chain known for its low transaction costs and high -speed infrastructure. The stable is placed as a digital asset with dollar noise designed for use within the defi ecosystems.
Re7 Labs, an arm of the Defi Re7 Coverage Fund based in London, is playing a key role in the effort. Last week, Re7 Labs revealed that it would receive up to $ 10 million from the VMS group based in Hong Kong. The family office, which supervises approximately $ 4 billion in assets, is making its first incursion in cryptography with investment.
“This collaboration reflects a shared commitment to build the next generation of defi infrastructure, where stability, transparency and capital efficiency converge,” said Evgeny Gokhberg, founder of RE7 Capital, in the statement. “Working together with World Liberty, Euler and BNB Chain, we are advancing a model for the adoption of Stablecoin that meets the expectations of crypto-national and institutional users.”
Euler and Lida are decentralized loan platforms that allow users to borrow and provide digital assets using intelligent contracts. The addition of a vault of USD1 stablecoin to these platforms could facilitate that merchants and institutions access the liquidity of the dollar within the defi environment.
