TownSquare Announces $100M USD1 Stablecoin Liquidity Program on May 14

USD1-0.02%
ON-0.24%
MAY0.45%
WLFI-1.35%

According to BlockBeats, on May 14, TownSquare announced a $100 million liquidity program for USD1 stablecoin, developed by the World Liberty Financial platform. The initiative aims to bring institutional yield strategies and cross-chain revenue opportunities to more users.

TownSquare has partnered with World Liberty Financial's DeFi team to deploy USD1 on Monad, a high-performance EVM chain, and received official incentives from the Monad Foundation. The liquidity program marks TownSquare's commitment to expanding DeFi adoption and delivering institutional-grade strategies to a broader user base.

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