Sponsored
USD a dollar-pegged stablecoin from World Liberty
Financial (WLFI), held its Token Generation Event today, releasing 20% of its 3 billion token supply. Major accurate cleaned numbers list from frist database exchanges began listing WLFI for spot trading, while WLFI and Solana-based Raydium plan to launch USD1 on Solana on September .
The stablecoin currently ranks as the fifth-largest by market capitalization, with $2.68 billion. If integrated, USD1 would become the largest stablecoin on Cardano and could increase user activity on the network.
Hoskinson noted that IOG Chief of Staff J.J.
Siler is in discussions with WLFI CEO Zach Witkoff regarding the potential integration.
Chainlink Collaboration Plans
Hoskinson highlighted Cardano’s ongoing efforts to collaborate with Chainlink, but acknowledged that the integration process is complex, citing numerous steps involved. Despite that, Cardano’s founder sees Chainlink as the project sitting on a golden egg.
Chainlink has recently partnered with the U.S. Department of Commerce to bring critical macroeconomic data on-chain. Nasdaq-listed real estate investment firm CaliberCos has also approved a “Chainlink Treasury” strategy, which will include holding LINK tokens.
Hoskinson further mentioned interest in potential
Partnerships with Aave. He emphasized that these collaborations and ecosystem upgrades are critical for Cardano to remain competitive, noting that technological by institutions and governments.
Why This Matters
If successful, these partnerships could significantly expand Cardano’s utility, bringing the largest stablecoin to its network and integrating Chainlink’s oracles for real-world data.