Executive Summary
The Story So Far
Why This Matters
Who Thinks What?
World Liberty Financial (WLFI), a financial entity linked to President Donald Trump, announced on November 5, 2025, its strategic expansion onto the Solana blockchain. This move involves forming new partnerships with the memecoin platform Bonk and the decentralized exchange Raydium, aiming to position WLFI’s USD1 stablecoin as a dominant force in Solana’s rapidly growing decentralized finance (DeFi) ecosystem and challenge Circle’s USDC.
Solana Expansion and Strategic Partnerships
The announcement detailed plans to integrate USD1 into Bonk.fun’s memecoin launchpad and Raydium’s automated market maker (AMM) trading pools. This strategy is designed to boost liquidity, increase community involvement, and establish USD1 as a primary stablecoin for DeFi interactions on Solana. New trading pairs and token launches are expected to be built around USD1, supported by multi-million dollar rewards for users providing liquidity or trading with the stablecoin.
USD1 seeks to leverage Solana’s high speeds and low transaction fees to become a major stablecoin option. Since its launch in April 2025, USD1 has quickly achieved a circulation of $2.91 billion as of November, making it one of the fastest-growing stablecoins of the year. Following the partnership announcement, WLFI’s token price saw a nearly 10% increase within 24 hours, pushing its total market value to approximately $3.33 billion.
Challenging USDC’s Dominance
This strategic push positions USD1 to directly compete with Circle’s USDC, which currently holds a significant market share on Solana. Data from DefiLlama indicates that USDC accounts for over $9 billion of the total $14.2 billion in stablecoins circulating on the Solana network. WLFI’s initiatives aim to capture a substantial portion of this market by offering incentives and deeper integration into the Solana DeFi landscape.
Recent Corporate Developments
Beyond its Solana expansion, World Liberty Financial has made several other notable moves. On October 31, 2025, WLFI launched a USD1 points program, rewarding users for participating in DeFi activities, such as supplying USD1 on platforms like Dolomite. This program is intended to enhance the stablecoin’s interoperability across open, permissionless applications.
Just days before the Solana partnership reveal, WLFI distributed 8.4 million WLFI tokens, valued at $1.2 million, to participants of the points program. The company reported that this campaign generated over $500 million in trading volume within two months. Additionally, on October 29, WLFI appointed Mack McCain, a former Robinhood executive with experience at Charles Schwab and Scottrade, as its new General Counsel.
Key Takeaways
WLFI’s aggressive strategy to integrate its USD1 stablecoin into the Solana blockchain through partnerships with Bonk and Raydium marks a significant effort to challenge existing market leaders. Coupled with its points program and key executive appointment, World Liberty Financial is actively working to cement USD1’s position within the DeFi ecosystem.
