Plume has reached a strategic partnership with World Liberty Financial to accelerate the multi-chain ecosystem deployment of the USD1 stablecoin.

2025-07-01 22:15

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The fastest-growing globally compliant USD-backed stablecoin, USD1, has officially joined the Plume RWAfi ecosystem to become the official reserve asset of pUSD.

Article Source: Plume

New York, June 30, 2025 — The EVM-compatible blockchain Plume Network, designed for Real World Assets (RWA), has announced a strategic partnership with the decentralized finance platform World Liberty Financial (WLFI) to jointly drive the multi-chain expansion of the USD1 stablecoin. This collaboration comes as Plume's mainnet goes live for just a week, with its on-chain RWA asset size exceeding $250 million, and over 100,000 wallet holders, making it the largest RWA user base blockchain network. Previously, Plume has been in close communication with the U.S. Securities and Exchange Commission (SEC) Cryptocurrency Working Group to promote compliance and innovative exemptions for its core products.

As WLFI's strategic multi-chain partner, Plume will integrate the USD1 stablecoin as part of its RWAfi ecosystem infrastructure, marking another significant cross-chain deployment of USD1 beyond the Binance Smart Chain (BSC). USD1 will serve as the official reserve asset for Plume's on-chain native stablecoin pUSD, providing users with first-day liquidity support for institutional-grade RWA finance (RWAfi).

Plume Co-founder and CEO, Chris Yin, stated: "WLFI's choice of Plume as a strategic multi-chain partner further validates our vision of tailored infrastructure for RWAs. The institutional-grade nature of USD1 combined with the Plume ecosystem will immediately unlock the potential of tokenized RWAs, ushering in new composability use cases, transforming how institutions and users access income-generating R assets. We are excited to partner with innovative projects like WLFI to jointly drive the development of the U.S. crypto market and accelerate the convergence of institutional capital with DeFi."

USD1 is a stablecoin pegged 1:1 to the U.S. dollar, fully backed by assets such as U.S. government money market funds, U.S. dollar deposits, and cash equivalents. The total stablecoin market size it operates in has reached $253 billion, growing by 54% over the past year. USD1 employs a conservative reserve strategy, eschewing complex yield mechanisms, to meet institutional needs with transparency and security.

World Liberty Financial Co-founder and COO, Zak Folkman, said: "The collaboration with Plume is the first milestone in USD1's multi-chain expansion. Plume's RWAfi infrastructure provides an ideal platform for USD1 to transparently and compliantly bridge traditional finance with DeFi, driving forward our shared mission of enhancing accessibility and adoption for both institutions and everyday users."

Effective immediately, Plume users can now use USD1 within the ecosystem, including its flagship staking protocol Nest. USD1 will unlock new yield strategies and serve as stable collateral for Real World Assets (RWA) positions.

About Plume

Plume is the first full-stack RWA blockchain and ecosystem designed specifically for RWAfi, driving the rapid adoption of real-world assets and demand-driven integration. With over 200 projects already deployed on its chain, Plume offers a composable EVM-compatible environment supporting diverse RWA access and management. Through an end-to-end tokenization engine and a network of financial infrastructure partners, Plume streamlines the on-chain asset process, enabling a seamless integration of RWA with DeFi, allowing any user to tokenize real-world assets, distribute globally, and empower crypto-native applications.

About World Liberty Financial

World Liberty Financial (WLFI) is a decentralized finance (DeFi) protocol and governance platform inspired by the vision of President Donald J. Trump, committed to developing transparent, secure, user-friendly financial tools, including institutional-focused DeFi products.

USD1 is a 1:1 U.S. dollar stablecoin custodied by BitGo Trust (South Dakota Chartered Trust Company) and BitGo Tech (a Federal Regulated Trust Company), fully backed by assets such as U.S. Government Money Market Funds, U.S. Dollar Deposits, and Cash Equivalents. World Liberty Financial, Inc. and its affiliates own the USD1 brand and provide related services.