š¹ USD1 token from World Liberty Financial becomes a hot topic among investors and corporations
š¹ Zak Folkman believes it will surpass even giants like Tether
š¹ Stablecoins are on the rise thanks to new regulation and strong demand from Wall Street and Silicon Valley
World Liberty Financial Inc., a decentralized finance platform with ties to the Trump family, is drawing significant interest from publicly traded companies. These firms are exploring the use of its stablecoin, USD1, as part of their treasury reserves.
Zak Folkman, co-founder of the company, announced the launch of the new World Liberty app during the Permissionless crypto conference held on June 25 in New York. The app aims to bring digital finance tools to both businesses and the general public. According to Folkman, USD1 could soon become the worldās largest stablecoin by market capitalization.
Inspired by Michael Saylor ā Moving Beyond Bitcoin
The popularity of crypto-focused firms has grown, largely thanks to the success of Michael Saylor, CEO of MicroStrategy, which holds over $60 billion worth of Bitcoin. His strategy has inspired other publicly traded companies such as Goodfood Market Corp., Semler Scientific Inc., and Trump Media & Technology Group to take similar steps by holding crypto reserves.
Unlike in the past, however, companies are no longer relying solely on Bitcoin. Theyāre now diversifying into alternative digital assets.
š¹ Upexi recently raised $100 million to purchase Solana tokens, which it is keeping on its balance sheet.
š¹ Sharplink Inc. holds $425 million worth of Ethereum, the second-largest cryptocurrency by market cap.
Folkman noted that the current estimated value of USD1 is around $2.1 billion, positioning it as a serious contender against USDT by Tether, which remains the dominant stablecoin with over $156.8 billion in circulation.
Genesis Act Changes the Game for Dollar-Pegged Digital Assets
The recent passage of the Genesis Act, a key U.S. law regulating stablecoins, has significantly boosted their appeal to both institutional and retail investors. Folkman emphasized that this legal clarity could trigger rapid growth in USD1 adoption.
āWeāve overcome the early challengesānow itās only a matter of time before USD1 becomes the market leader,ā said Folkman. He hinted that several major developments are expected in the coming months that will move this goal closer to reality.
Fintech Giants Join the Stablecoin Race ā Fiserv, PayPal, and Others Step In
The stablecoin trend isnāt limited to publicly traded corporations. Fintech companies are also jumping in, launching their own dollar-backed digital currencies to meet growing demand.
One example is Fiserv, which recently unveiled plans to release a stablecoin called FIUSD. The token is expected to be fully integrated into the companyās banking and payments infrastructure by the end of the year. FIUSD will run on technology provided by Paxos and Circle Internet.
The announcement came shortly after the U.S. Senate approved landmark legislation regulating stablecoins. Analysts view it as a breakthrough moment in the debate over crypto regulation and a potential turning point for the industry, which has long operated under uncertainty.
š Following the news, Circleās stock jumped 15%, while Fiserv and PayPal shares rose by 2.3% and 1.7%, respectively.
Stablecoins Go Mainstream ā From Niche Use to Daily Financial Tools
Stablecoins, pegged to fiat currencies like the U.S. dollar, are gaining traction for their stability and utility. Once considered a niche segment of crypto, they now serve as a reliable tool to hedge against market volatility and streamline cross-border payments.
Financial analysts highlight that both fintechs and traditional banks are using stablecoins more frequently to improve payment systems, accelerate transaction speeds, and expand access to digital finance.
Analysts from TD Cowen stated that Fiservās launch shows its ability to innovate quickly and leverage its central position between banks and merchants to bridge traditional and modern financial systems.
š» Summary
The stablecoin revolution is in full swing. World Liberty Financial, tied to the Trump family, is leading the charge with USD1, inspiring both public corporations and fintech players to explore dollar-backed digital assets. With regulatory clarity and rising corporate demand, stablecoins are quickly becoming a cornerstone of modern finance.
#TRUMP , #WorldLibertyFinancial , #USD1 , #stablecoin , #CryptoNewss
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