World Liberty Financial said Friday it has partnered with Re7 Capital in the hopes of increasing adoption of its stablecoin on Binance’s BNB Chain, according to a statement.
Re7 Capital’s “innovation arm” Re7 Labs will leverage the firm’s “institutional-grade DeFi infrastructure and risk management expertise” to aid World Liberty’s efforts in scaling “adoption and usage” of USD1 on the BNB Chain, the companies said in an emailed statement.
The President Donald Trump-backed DeFi project World Liberty launched its USD1 stablecoin in March. In May, the Abu Dhabi investment firm MGX used the fledgling USD1 stablecoin to close a $2 billion deal with Binance, one of the world’s largest cryptocurrency trading platforms.
Given that the U.S. dollar-pegged token currently has a market cap of $2.2 billion, according to CoinMarketCap, adoption beyond that deal has been relatively modest, considering the increased attention stablecoins have been garnering through the U.S. financial system. The Trump administration is poised to approve legislation that will likely propel the use of stablecoins in the U.S.
“Its selection for a $2 billion capital deployment initiative linked to MGX and Binance ecosystem strategies underscores the increasing relevance of stablecoins within institutional digital finance,” World Liberty said in its statement.
Tether’s USDT stablecoin is currently the market leader with about $158 billion worth of tokens in supply, according to The Block’s Data Dashboard.
Re7 Labs
According to the companies’ statement, Re7 Labs launched over a year ago and “curates” more than “$550 million in DeFi vaults across leading protocols.”
“Working alongside World Liberty, Euler, and BNB Chain, we’re advancing a model for stablecoin adoption that meets the expectations of both crypto-native and institutional users,” Re7 Capital founder Evgeny Gokhberg said of the new partnership.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
