WLFi Teams With Bonk, Raydium to Boost USD1 on Solana
World Liberty Financial is pushing its fast-growing USD1 stablecoin deeper into Solana’s DeFi ecosystem through new integrations with Bonk and Raydium.
World Liberty Financial (WLFi)—the cryptocurrency initiative backed by U.S. President Donald Trump—has announced a strategic expansion into the Solana ecosystem through partnerships with Bonk, Solana’s leading memecoin platform, and Raydium, one of the network’s largest decentralized exchanges.
Unveiled on Nov. 5, the collaboration aims to grow adoption of WLFi’s USD1 stablecoin across decentralized finance (DeFi) applications on Solana, adding fresh competition to an ecosystem long dominated by Circle’s USDC.
USD1 Targets Solana DeFi Core Through Major Partnerships
In a post on X, World Liberty Financial said it is “rebuilding the Solana ecosystem” with support from Bonk and Raydium as part of its broader mission to boost USD1 utility.
“Actions > words,” the project wrote on X, adding that it had acquired USD1 for its strategic reserve to deepen liquidity and support adoption.
The move positions USD1 to compete directly with USDC, which currently accounts for over $9 billion of Solana’s roughly $14 billion stablecoin market, according to DeFiLlama. By introducing USD1 into Bonk’s memecoin launch environment and Raydium’s automated market maker (AMM) pools, WLFi aims to embed the token directly into high-traffic, infrastructure-level trading venues.
What the integrations include
Under the partnership:
- USD1 will be added to Bonk.fun launchpad activities
- Raydium will list new USD1 trading pairs
- The effort will roll out multi-million-dollar promotional incentives for liquidity providers and traders
World Liberty Financial says the goal is to make USD1 a top stablecoin option for Solana users, leveraging the network’s fast settlement and low transaction costs to support token launches, liquidity provisioning, and community-driven trading.
USD1 Emerges as One of 2025’s Fastest-Growing Stablecoins
Since launching in April 2025, USD1 has rapidly climbed to a supply of $2.9 billion, making it one of the fastest-expanding stablecoins this year. Only USDT, USDC, DAI, and USDS currently hold larger market caps.
USD1 is issued by World Liberty Financial, custodied by BitGo, and backed 1:1 with assets including U.S. government money market funds and cash equivalents.
The company confirmed that it has begun accumulating USD1 for its strategic reserves, though precise acquisition amounts were not disclosed. The move is intended to bolster liquidity during market-making operations and maintain healthy trading activity.
Following the announcement, WLFi’s native governance token WLFI rose nearly 10% in 24 hours, trading at roughly $0.122 and lifting its market capitalization to approximately $3.3 billion.
WLFi Expands With DeFi Incentives and Rewards Program
The Solana integrations follow a flurry of recent initiatives from World Liberty Financial aimed at growing USD1’s footprint and fueling user engagement.
USD1 Points Program Gains Momentum
On Oct. 31, WLFi introduced a USD1 Points Program designed to reward DeFi activity involving the stablecoin. Participants can earn points by supplying USD1 through partner platforms such as Dolomite, with the aim of expanding interoperability across permissionless applications.
- 8.4 million WLFI tokens—worth about $1.2 million—have already been distributed to early participants
- The initiative drove more than $500 million in trading volume within two months
This campaign ranks among the year’s most active incentive efforts in the stablecoin sector, according to company statements.
Leadership Shake-Up Adds Regulatory Expertise
World Liberty Financial has also reinforced its leadership bench. On Oct. 29, the company appointed Mack McCain—a former Robinhood executive—as general counsel.
McCain has previously held senior roles at Charles Schwab, Arta Finance, and Scottrade, bringing substantial regulatory and compliance experience. His hiring reflects WLFi’s ambition to build what it calls “open and compliant digital finance.”
WLFi Broadens Vision Beyond Stablecoins
Beyond core DeFi infrastructure, WLFi is building toward a diversified product suite geared at everyday crypto usage.
Roadmap highlights
CEO Zach Witkoff recently outlined several initiatives:
- A crypto debit card designed to connect digital assets with daily spending
- Tokenization of real-world assets (RWAs), including real estate, oil, and gas
These plans point to a broader asset layer intended to complement USD1 adoption and strengthen WLFi’s role in digital financial markets.
Intensifying Stablecoin Competition on Solana
The race for stablecoin dominance on Solana is accelerating. Alongside WLFi’s push, Western Union—one of the world’s largest remittance providers—has confirmed plans to introduce USDPT, a U.S. dollar-backed stablecoin native to Solana.
With USDC currently holding the largest market share on the network, WLFi’s challenge lies in securing liquidity, utility, and trust at scale. Incentive programs, deep DeFi integrations, and institutional profile through Trump-aligned branding could position USD1 as a notable contender.
Looking Ahead
WLFi’s partnership with Bonk and Raydium marks a decisive step in its effort to embed USD1 into the heart of Solana’s financial stack. With strong early issuance growth, expanding liquidity programs, and product diversification on the roadmap, the stablecoin is poised to test USDC’s long-standing dominance.
Yet, its long-term success will depend on sustained user participation, market-maker support, and regulatory clarity—areas where WLFi has invested early through rewards programs and key leadership appointments. As Solana’s stablecoin arena becomes increasingly competitive, the coming months will determine whether USD1 can evolve from a fast riser into a lasting ecosystem fixture.
