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Trump-Linked Stablecoin USD1 Goes Cross-Chain with Chainlink CCIP

cryptonews100_tggfrn by cryptonews100_tggfrn
May 17, 2025
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Trump-Linked Stablecoin USD1 Goes Cross-Chain with Chainlink CCIP
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World Liberty Financial’s USD1 stablecoin, pegged to the U.S. greenback, has taken a major step ahead by changing into operable throughout a number of blockchain networks by means of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Introduced at Consensus 2025 by World Liberty co-founder Zak Folkman, Chainlink’s Sergey Nazarov, and Eric Trump, this integration goals to unravel long-standing cross-chain safety challenges which have value customers billions in losses.

Cross-Chain Safety and Growth

USD1 can now transfer simply between completely different blockchains like Ethereum and BNB Chain, because of Chainlink’s tech. This solves an enormous downside in crypto as most blockchains don’t speak to one another properly, and previous makes an attempt have led to hacks costing billions. Now, USD1 makes use of a safer system that makes it safer and extra helpful.

The stablecoin already has a $2 billion market cap and was even utilized in an enormous $2B deal with Binance. Whereas it’s nonetheless smaller than Tether or Circle, it’s gaining trust as a result of it’s backed by actual property like U.S. Treasuries and money held by BitGo Belief.

Controversy?

US Senator Richard Blumenthal is investigating World Liberty Monetary’s USD1 stablecoin due to its connection to President Trump and potential conflicts of curiosity. In response, World Liberty Monetary’s attorneys denied the accusations and defended the stablecoin’s objectives.

Bridging Conventional Finance and DeFi

Zak Folkman emphasised that World Liberty Monetary is targeted on the longer term the place conventional finance and decentralized finance (DeFi) merge seamlessly. The USD1 token’s cross-chain compatibility is a strategic transfer towards that imaginative and prescient, leveraging Chainlink’s infrastructure to deliver safe, scalable entry to each on-chain and off-chain markets.

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What This Means for You

For on a regular basis customers, this replace means extra freedom and safety when utilizing USD1. You received’t have to fret as a lot about dropping cash when shifting stablecoins between completely different networks. Plus, as USD1 grows and will get simpler to make use of, it may turn out to be a dependable choice for funds, buying and selling, and extra, whether or not you’re a crypto beginner or a seasoned dealer.

General, this transfer by World Liberty Monetary and Chainlink helps stablecoins get higher, safer, and extra sensible. It’s an indication that crypto is shifting nearer to changing into a real-world software that anybody can use confidently.

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FAQs

What Is Chainlink CCIP?

Chainlink CCIP is the Cross-Chain Interoperability Protocol that secures and standardizes token and information transfers throughout blockchains.

How does Chainlink CCIP allow USD1 cross-chain?

CCIP gives a safe messaging layer, permitting USD1 to maneuver safely between Ethereum, BNB Chain, and different networks.

Is USD1 shielded from cross-chain hacks?

Sure—Chainlink’s battle-tested CCIP safety drastically reduces the bridge vulnerabilities which have brought on billions in previous losses.

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