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Plume has reached a strategic cooperation with World Liberty Financial to accelerate the multi-chain ecosystem layout of USD1 stablecoin.
The EVM-compatible blockchain Plume Network, designed for Real World Assets (RWA), announced a strategic partnership with the decentralized finance platform World Liberty Financial (WLFI) to jointly promote the multi-chain expansion of the USD1 stablecoin. This collaboration coincides with the one-week anniversary of the Plume mainnet launch, during which its on-chain RWA asset scale has exceeded $250 million, with over 100,000 wallet holders, making it the blockchain network with the largest RWA user base. Previously, Plume has been in close communication with the SEC's encryption working group to promote compliance innovation exemptions for its core products.
As a strategic multi-chain partner of WLFI, Plume will integrate the USD1 stablecoin as the infrastructure of its RWAfi ecosystem, marking another significant cross-chain deployment of USD1 beyond the Binance Smart Chain (BSC). USD1 will become the official reserve asset of Plume's on-chain native stablecoin pUSD, providing users with institutional-grade RWA finance (RWAfi) first-day liquidity support.
Plume co-founder and CEO Chris Yin stated:
"WLFI has chosen Plume as a strategic multi-chain partner, further validating our vision for infrastructure tailored to RWA. The institutional-grade attributes of USD1 combined with the Plume ecosystem will immediately unleash the potential of tokenized RWA, creating entirely new composability use cases and changing the way institutions and users access yield-bearing R assets. We are excited to collaborate with innovative projects like WLFI to jointly promote the development of the U.S. crypto market and accelerate the integration of institutional capital with DeFi."
USD1 is a stablecoin that is pegged to the US dollar on a 1:1 basis, fully backed by US government money market funds, dollar deposits, and cash equivalents. Its total market size in the stablecoin sector has reached $253 billion, growing by 54% over the past year. USD1 adopts a conservative reserve strategy, does not rely on complex yield mechanisms, and meets institutional demands with transparency and safety.
Zak Folkman, co-founder and COO of World Liberty Financial, stated:
"The collaboration with Plume is the first milestone in the multi-chain expansion of USD1. Plume's RWAfi infrastructure provides an ideal platform for USD1 to connect traditional finance with DeFi in a transparent and compliant manner, while advancing our shared mission of enhancing accessibility and adoption for institutions and ordinary users."
Starting today, Plume users can use USD1 within the ecosystem, including its flagship staking protocol Nest. USD1 will unlock new yield strategies and serve as stable collateral for RWA positions.
About Plume
Plume is the first full-stack RWA blockchain and ecosystem built specifically for RWAfi, promoting the rapid adoption of real-world assets and demand-driven integration. Currently, over 200 projects are deployed on its chain, and Plume provides a composable EVM-compatible environment that supports the access and management of diverse RWAs. By combining an end-to-end tokenization engine with a network of financial infrastructure partners, Plume simplifies the asset on-chain process, achieving seamless integration of RWA and DeFi, allowing any user to tokenize real assets, distribute globally, and empower crypto-native applications. Learn more: plume.org | Contact media: press@plume.org
About World Liberty Financial
World Liberty Financial (WLFI) is a decentralized finance (DeFi) protocol and governance platform inspired by the vision of former President Donald J. Trump, dedicated to developing transparent, secure, and user-friendly financial tools, including decentralized finance products for institutions.
USD1 is a 1:1 dollar stablecoin held in reserve by BitGo Trust (a South Dakota-chartered trust company) and BitGo Tech (a federally registered money services business), fully backed by U.S. government money market funds, dollar deposits, and cash equivalents. World Liberty Financial, Inc. and its affiliated entities own the USD1 brand and provide related services.
Follow the updates: x.com/worldlibertyfi