WLFI's USD1 has minted 30 million tokens on Solana in one go, but liquidity has not yet been established. (Background: Will Trump’s USD1 manage to stabilize without large-scale adoption and a prior decoupling?) (Additional Background: Plume Network collaborates with Trump family platform WLFI: USD1 expands across multiple chains and adds pUSD reserves) Backed by the Trump family, World Liberty Financial (WLFI) announced today that it has minted 30 million USD1 stablecoins through the Solana blockchain, officially extending its reach into this high-performance public chain. This is the latest step in USD1's expansion following Ethereum, BSC, Tron, and Plume, introducing new variables into the Solana stablecoin market, which has previously been dominated by USDC. USD1 on Solana is still lacking liquidity. WLFI advisor Ogle stated: USD1 has just started minting on Solana, but there is currently no liquidity. FYI, $usd1 being minted on Solana doesn't mean there's any liquidity for it yet – so, if it takes some time to get liquidity, the beta launchpad will have it where you can launch tokens with $aol as the pair in the meantime, as long as I can get that confirmed by the dev team… — ogle | glue.net (@cryptogle) August 14, 2025 In other words, although 30 million tokens have been minted, actual trading depth still needs to wait for WLFI to establish. USD1 is backed by short-term U.S. Treasury bonds and cash reserves, with BitGo as the custodian. Since its issuance in March this year, its market cap has already exceeded $2.1 billion, with about 90% circulating on BNB Chain. WLFI has also invested $10 million to accelerate interoperability with Falcon USD and has collaborated with exchanges like Binance, HTX, and MEXC. The 'USD1 Loyalty Program' launched in August will distribute rewards through HTX, Gate.io, and Bitget, aiming to enhance user engagement. Related Reports: U.S. July PPI explodes) Bitcoin spikes to $117,000, Trump's tariffs sound alarm bells for inflation, will the Fed lower rates in September? How much money did Trump make from the presidency? You’ll be shocked if you calculate it. Nvidia and AMD agree to Trump's '15% AI chip tax', exchange H20, MI308 imports to China, gross profits directly sent to Washington. "USD1 initially deploys 30 million tokens to Solana, is it ready to face USDC head-on?" This article was first published by BlockTempo (the most influential blockchain news media).

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