Strategic partnership between Chainlink and World Liberty Financial (WLFI)
The Chainlink network has recently attracted high-level investments from traditional financial institutions. The integration of USD1 with Chainlink will drive the global acceptance of Token LINK. World Liberty Financial (WLFI), a DeFi protocol supported by President Donald Trump, has announced a strategic partnership with Chainlink to enhance the acceptance of their new stablecoin, USD1.
Multi-chain compatibility feature with CCIP
The World Liberty Financial project will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) to ensure safe and seamless transfers of USD1 across chains. Chainlink's reliable infrastructure provides the security and operational scope necessary to bring USD1 to millions within on-chain ecosystems. This partnership will enhance cross-border payment capabilities and introduce USD1 into useful applications in DeFi and traditional finance.
Market influence of the partnership
The partnership between Chainlink and WLFI will play an important role in bringing Token LINK into the mainstream trend. The WLFI protocol will also strengthen Chainlink's credibility and attract more institutional investors. On Friday, Chainlink announced that the Fluid protocol has implemented CCIP and the multi-chain Token standard (CCT) to facilitate smooth asset transfers between Ethereum, Base, and Arbitrum.
The value and market position of LINK
The increasing acceptance of Chainlink's products will have a lasting impact on the price of Token LINK. This major altcoin, with a fully diluted valuation of approximately $15.9 billion and an average daily trading volume of about $477 million, has risen more than 30% in the past four weeks, reaching $15.9 on Friday, May 16, during late trading in North America.
Source: https://tintucbitcoin.com/chainlink-bat-tay-liberty-financial-nang-cao-kha-nang-chuoi-cheo/
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