Trump’s Crypto Project Taps Bonk and Raydium in a High-Stakes Bid to “Rebuild” Solana
World Liberty Financial, the cryptocurrency challenge backed by U.S. President Donald Trump, introduced a main enlargement onto the Solana blockchain by partnerships with memecoin platform Bonk and decentralized alternate Raydium.
The collaboration, unveiled on November 5, marks a strategic push to combine the challenge’s USD1 stablecoin into Solana’s fast-growing decentralized finance (DeFi) ecosystem.
WLFI Pushes USD1 Stablecoin Into Solana’s Core DeFi Layer
In a publish on X, the project stated that it was “rebuilding the Solana ecosystem” in partnership with Bonk and Raydium as a part of its mission to drive USD1 adoption. “Actions > phrases,” the publish learn.
“We’ve acquired some $1 because the main USD1 group on Solana for our strategic reserve. This is simply step one towards making USD1 the house for Solana merchants and creators.”
The partnership positions USD1 to compete immediately with Circle’s USDC, which at present dominates Solana’s stablecoin market. According to data from DeFiLlama, USDC accounts for greater than $9 billion of the community’s $14.12 billion stablecoin provide.
By integrating with Bonk and Raydium, World Liberty Financial hopes to embed USD1 on the infrastructure degree of Solana’s DeFi exercise, concentrating on each liquidity and group engagement.
The collaboration will introduce USD1 to Bonk.enjoyable’s memecoin launchpad and Raydium’s automated market maker (AMM) swimming pools.
The integrations will enable new USD1-based buying and selling pairs and token launches whereas providing multi-million-dollar promotional incentives for customers who present liquidity or commerce with USD1 pairs.
The objective, in accordance to the corporate, is to make USD1 a main stablecoin various for Solana customers by leveraging the community’s low transaction prices and high velocity.
USD1 has grown quickly since its launch in April 2025, reaching $2.91 billion in circulation by November, making it one of many fastest-growing stablecoins this yr.
Only Tether’s USDT, Circle’s USDC, MakerDAO’s DAI, and Sky’s USDS have bigger market capitalizations.
The token is issued by World Liberty Financial and custodied by BitGo, backed 1:1 by property in U.S. authorities cash market funds and different money equivalents.
World Liberty Financial additionally revealed that it has begun buying USD1 for its personal strategic reserves.
While the corporate didn’t specify the dimensions of the acquisition, it described the transfer as a part of its plan to present liquidity and assist market-making operations for the token.
Following the partnership information, WLFI, the challenge’s native token, surged almost 10% in 24 hours to commerce round $0.1226, pushing its market capitalization to roughly $3.33 billion.
World Liberty Financial Advances DeFi Strategy With USD1 Rewards Initiative and Ecosystem Expansion
The announcement follows a collection of latest strikes by World Liberty Financial indicating speedy enlargement.
On October 31, the corporate launched a “USD1 Points Program” designed to reward customers who take part in DeFi actions involving the stablecoin.
USD1 Points Program is coming to DeFi! We’re increasing our USD1 loyalty program— beginning with @Dolomite_io. pic.twitter.com/GDfZ7MM6sR
— WLFI (@worldlibertyfi) October 31, 2025
The initiative permits customers to accumulate reward factors for supplying USD1 on companion platforms corresponding to Dolomite. The firm mentioned this system seeks to make USD1 interoperable throughout permissionless functions and strengthen its presence in decentralized finance.
Just days earlier than the Solana announcement, World Liberty Financial distributed 8.4 million WLFI tokens, worth around $1.2 million, to early individuals in the Points Program.
According to the corporate, this system generated over $500 million in buying and selling exercise inside two months, positioning it as one of the crucial energetic stablecoin incentive campaigns this yr.
Leadership adjustments have additionally been underway. On October 29, World Liberty Financial appointed Mack McCain, a former Robinhood government, as its new basic counsel.
McCain beforehand held senior roles at Charles Schwab, Arta Finance, and Scottrade, bringing intensive regulatory and authorized experience to the agency. The firm mentioned his appointment displays its objective to construct “open and compliant digital finance.”
World Liberty Financial’s USD1 technique types a part of a broader imaginative and prescient to increase its ecosystem past stablecoins.
Earlier in October, CEO Zach Witkoff introduced plans to launch a crypto debit card to “bridge assets with on a regular basis crypto spending.” The agency additionally revealed it’s engaged on the tokenization of real-world property, together with actual property, oil, and fuel.
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