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World Liberty Finance introduces WLFI Markets for crypto borrowing and lending
- World Liberty Finance launched WLFI Markets, a crypto borrowing and lending service using the Dolomite protocol.
- The service supports lending and borrowing in USD1, World Liberty's dollar-backed stablecoin, with collateral options including WLFI, ETH, USDC, USDT, and cbBTC.
- WLFI Markets is available via web application from Jan. 12, with plans for a mobile app and additional features over the next 18 months.
- This marks World Liberty's first user-facing application, following its focus on developing USD1 and WLFI tokens.
- USD1's market cap increased from $128 million to over $3.37 billion within a year.
- WLFI Markets aims to offer a unified interface for a range of expanding products and services.
- World Liberty has applied for a national banking charter to establish World Liberty Trust Company (WLTC).
- WLFI token price briefly rose following the news but settled back, showing a 0.43% decrease over 24 hours.
