Summary
- USD1 said it will pursue multi-chain integration and DeFi expansion through its partnership with Enso.
- USD1 stated it plans to activate margin trading and expand its market position through integrations with several protocols, including Enso's Dolomite platform.
- It was reported that institutional investors are expected to be able to pursue broader trading strategies by leveraging USD1's cross-chain capabilities.
World Liberty Financial (WLFI)'s stablecoin project USD1 has signed a partnership with multi-chain Enso.
On the 28th (Korean time), according to CoinCu, USD1 signed a strategic business agreement with Enso to expand decentralized finance (DeFi). Through cooperation with Enso, it will pursue multi-chain integration, aiming to expand the circulation of USD1 across various blockchain networks.
USD1 plans to activate margin trading activity and expand its presence in new markets through integrations with several protocols, including Enso's Dolomite platform. As a result, institutional investors are expected to be able to employ broader trading strategies by utilizing USD1's cross-chain functionality.
Connor Howe, founder of Enso, said, "Through this integration, DeFi will become an attractive option for major financial institutions, enabling deep liquidity and optimal pricing."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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