[ARFC] Onboard USD1 to Aave V3 Core and BNB Instance
Author: World Liberty Finance (WLFI)
Date: 2025-07-14
Summary
World Liberty Financial (WLFI) proposes the listing of USD1, a fiat-backed stablecoin issued by WLFI, on Aave V3 Core and BNB Instances. Successful TEMP CHECK and Snapshot have taken place.
TEMP CHECK Onboard USD1 to Aave V3 Core and BNB Instance
TEMP CHECK Snapshot
This itemizing would initially allow customers to deposit USD1 to earn yield and borrow USD1 as a steady asset.
Collateral utilization can be thought of at a later date following assessment by Aave’s Threat Administration groups.
Motivation
USD1 is a next-generation stablecoin backed 1:1 by cash and short-term U.S. Treasuries,designed for maximum regulatory compliance, transparency, and on-chain verifiability.
As the fastest-growing stablecoin in history, USD1 has rapidly gained adoption across centralized and decentralized platforms, demonstrating strong market demand and growing utility.
Key differentiators:
- Regulatory compliance: USD1 is structured to meet stringent U.S. financial regulations and disclosure standards.
- Chainlink Proof of Reserves: USD1 will be the first stablecoin to implement Chainlink’s PoR natively, providing real-time transparency of backing assets.
- Chainlink price feed: Live and available for use in Aave integrations.
Specification
Risk Parameters will be provided by Risk Service Providers and proposal will be updated accordingly.
USD1 Overview:
- Ticker: USD1
- Fiat backed stablecoin
- Issuer: World Liberty Financial (WLFI)
- Backing assets: USD cash and short-term U.S treasuries.
- Audits: PeckShield
- Price Oracle: Chainlink
- USD1 Listed on: Binance, ByBit, KuCoin, BitGet, MEXC, HTX.
Use Cases:
- Deposits enabled for yield generation
- Borrowing enabled as a low-volatility asset
Incentives:
WLFI plans to provide incentives to grow adoption and improve the competitiveness of borrowing rates for USD1 relative to other stablecoin assets on Aave.
Specific programs will be shared with Aave DAO contributors and the community in ARFC stage.
Disclosure
The current proposal has been powered by Skywards. ACI is not afiliated with WLFI and has not received compensation for the creation and edit of this proposal.
Next Steps
- Publication of a standard ARFC, collecting community & service providers feedback before escalating proposal to ARFC snapshot stage.
- If the ARFC snapshot outcome is YAE, publish an AIP vote for final confirmation and enforcement of the proposal.
Copyright
Copyright and related rights waived via CC0
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