WLFI Teams Up With Bonk And Raydium To Cement USD1 As Solana’s Go-To Stablecoin
BY
Ben Graham
|
By using this site, you agree to our Terms of Use of Use and Privacy Policy
World Liberty Financial (WLFI), linked to US President Donald Trump, recently announced its plan to expand its presence on the Solana blockchain. According to the announcement, the plans involve forming fresh partnerships with Bonk, a memecoin platform, and Raydium, a decentralized exchange built on the Solana blockchain that combines automated market making (AMM), order book trading, and has token launch capabilities.
The announcement was made by
Official World Liberty Financial
WLFI
$0.1193
1.18%
Official World Liberty Financial
WLFI
Price
$0.1193
1.18% /24h
Volume in 24h
$70.15M
Price 7d
on 5 November 2025 as a shift in strategy to bring USD1, its stablecoin, into Solana’s rapidly growing decentralized finance (DeFi) space.
The forging of this partnership is like an opening salvo that has set the stage for USD1 to challenge Circle’s USDC, which currently dominates Solana’s stablecoin market. According to DefiLlama’s data, USDC represents over $9 billion of the total $14.2 billion in stablecoins circulating on the Solana network.
(Source: DefiLlama)
EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year
WLFI’s Partnership With Bonk And Raydium: USD1 Positioned To Be The De Facto DeFi Stablecoin
The main idea behind WLFI partnering up with Bonk and Raydium is, in essence, to make its stablecoin, USD1, the de facto way for users to interact with DeFi on the Solana blockchain.
Furthermore, it aims to boost the amount of money flowing through the system (liquidity) and to involve more people in the community. As part of the partnership, USD1 will be added to Bonk.fun’s memecoin launchpad and to Raydium’s trading pools, which are used to match buyers and sellers automatically.
Meaning, new trading pairs and token launches will be built around USD1. Also, to encourage more people to use it, the project is offering multi-million dollar rewards to users who trade with USD1 or help provide liquidity.
WLFI has said that its goal is to turn USD1 into a major stablecoin option for users on the Solana network by utilizing the network’s fast speeds and low fees.
Since launching in April 2025, USD1 has quickly reached $2.91 billion in circulation as of November, making it one of the fastest-growing stablecoins this year.
Meanwhile, after the announcement of the partnership, WLFI jumped nearly 10% in just 24 hours, trading at around $0.1226 and pushing its total market value to about $3.33 billion.
EXPLORE: Best New Cryptocurrencies to Invest in 2025
WLFI Is Cooking: Dissecting Recent Moves
The company has been making some wild moves lately, rapidly expanding its reach in the crypto space. On 31 October, WLFI introduced the USD1 points program, which rewards users taking part in DeFi activities.
As a result of this program, users can earn points by supplying USD1 on platforms like Dolomite. The company explained that the initiative aims to make the stablecoin work across open, permissionless apps, boosting its role in the DeFi ecosystem.
Moreover, just a few days before announcing its partnership with Solana, WLFI gave out 8.4 million WLFI tokens worth $1.2 million to the participants of the points program.
According to the company, this campaign sparked over $500 million in trading volume within just two months.
Also, on 29 October, WLFI appointed Mack McCain as its new General Counsel. McCain, a former executive at Robinhood, has held senior positions in Charles Schwab, Arta Finance, and Scottrade.
EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now
Key Takeaways
The post WLFI Teams Up With Bonk And Raydium To Cement USD1 As Solana’s Go-To Stablecoin appeared first on 99Bitcoins.