Trump’s WLFI Crypto Venture Taps Bonk and Raydium for Growth
World Liberty Financial (WLFI), the cryptocurrency project backed by U.S. President Donald Trump, announced a major expansion onto the Solana blockchain, partnering with Bonk and Raydium to integrate its USD1 stablecoin into Solana’s fast-growing decentralized finance (DeFi) ecosystem.
WLFI Pushes USD1 Into Solana’s DeFi Core
Unveiled on Nov. 5, the collaboration marks a strategic move to expand USD1’s utility beyond its current markets. In a post on X, WLFI said it was “rebuilding” the Solana ecosystem through these partnerships, underscoring its mission to drive adoption of the stablecoin.
“Actions > words,” the post declared. “We’ve acquired some $1 as the leading USD1 community on Solana for our strategic reserve. This is just the first step toward making USD1 the home for Solana traders and creators.”
The partnership will embed USD1 directly into Solana’s DeFi infrastructure by introducing new USD1-based trading pairs and liquidity pools on Raydium, while Bonk.fun will integrate the stablecoin into its memecoin launchpad.
WLFI said it will offer multi-million-dollar promotional incentives for traders and liquidity providers who engage with USD1 pairs.
Challenging USDC’s Dominance
The move positions USD1 to compete directly with Circle’s USDC, which currently holds a commanding lead in Solana’s stablecoin market. According to DeFiLlama, USDC represents over $9 billion of Solana’s $14.12 billion stablecoin supply.
Solana stablecoin market overview (Source: DefiLlama)
WLFI hopes to leverage Solana’s high speed and low transaction costs to establish USD1 as a viable alternative for DeFi users, traders, and creators.
Since its launch in April 2025, USD1 has rapidly grown to $2.91 billion in circulation, ranking among the fastest-growing stablecoins of the year. It trails only Tether’s USDT, Circle’s USDC, MakerDAO’s DAI, and Sky’s USDS in market capitalization.
The token is issued by World Liberty Financial and custodied by BitGo, backed 1:1 by assets in U.S. government money market funds and cash equivalents. WLFI has also begun acquiring USD1 for its own strategic reserves to provide liquidity and support market-making operations.
Expanding DeFi Strategy and User Rewards
The Solana expansion follows a wave of growth initiatives from World Liberty Financial.
On Oct. 31, the company launched its USD1 Points Program, rewarding users who engage in DeFi activities involving USD1. Participants can earn reward points for supplying the stablecoin on partner platforms like Dolomite, enhancing USD1’s interoperability across permissionless DeFi applications.
Just days before the Solana partnership, WLFI distributed 8.4 million WLFI tokens — worth around $1.2 million — to early participants in the Points Program, which has already generated over $500 million in trading activity within two months.
The company also appointed Mack McCain, a former Robinhood and Charles Schwab executive, as its general counsel on Oct. 29, reinforcing its goal to build an “open and compliant digital finance” framework.
Beyond Stablecoins: WLFI’s Broader Vision
World Liberty Financial’s roadmap extends far beyond USD1.
Earlier in October, CEO Zach Witkoff revealed plans for a crypto debit card that bridges digital assets with everyday spending. The company also aims to tokenize real-world assets, including real estate, oil, and gas, marking a step toward a more diversified digital financial ecosystem.
By combining political influence, regulatory awareness, and aggressive DeFi integration, WLFI is positioning USD1 as a direct challenger to legacy stablecoins — and signaling that Trump’s crypto ambitions are rapidly taking shape in the on-chain economy.
