WLFI Token Launches on Major Exchanges; USD1 Expands to Solana
Today marks a significant milestone for World Liberty Financial’s WLFI token as it opens for trading on platforms like Binance and other leading exchanges. The launch comes just in time for the first token unlock, set to release 20% of presale tokens.
Binance leads the charge, enabling WLFI/USDT and WLFI/USDC trading pairs starting at 13:00 UTC.Deposits commenced earlier, with withdrawals scheduled for tomorrow. WLFI previously thrived through futures contracts on Hyperliquid and Binance, achieving a price point close to $0.27.
Trading isn’t limited to Binance. Bybit, OKX, KuCoin, and others are onboard too. This widespread adoption ensures ample liquidity and accessibility.
Unlock Event and Community Governance
The first WLFI unlock liberates 20% of the presale allotments for early investors. This portion accounts for roughly 5% of the total 100 billion token supply.the remaining 80% will be gradually released based on community votes.
The CYFRIN-audited Lockbox smart contract oversees this distribution.Activating it grants investors access to locked allocations. Community involvement is vital: token holders influence project financing and treasury management.
In July, a community vote overwhelmingly supported the transition of WLFI from a governance-focused token to a fully tradable asset on Ethereum.
USD1 on Solana: Rapid Expansion
Along with the token launch, USD1, World Liberty Financial’s stablecoin, is expanding onto Solana. Launched recently, USD1 has surged to a $2.2 billion market cap, cementing its position as one of the fastest-growing stablecoins.
Solana users benefit from USD1 thanks to partnerships with platforms like Bonk, Kamino Finance, and Raydium. These collaborations bolster Solana’s stablecoin value to $11.9 billion.
Political Scrutiny Looms
Despite growing traction, WLFI faces regulatory challenges due to ties with the Trump family.Critics question potential conflicts of interest, especially under the newly passed GENIUS Act.
Exchange backing boosts liquidity, yet political uncertainties cloud WLFI’s regulatory path.
