USD1 Stablecoin Launches on Monad: A Major Step for High-Performance DeFi
World Liberty Financial (WLFI) has announced that its flagship stablecoin, USD1, is now live on Monad, a cutting-edge EVM-compatible Layer 1 blockchain known for its exceptional speed and scalability.
This integration marks another significant expansion for USD1, bringing a reliable, institutionally-backed digital dollar to one of the most promising high-throughput ecosystems in crypto.
What is USD1?
USD1 is a U.S. dollar-pegged stablecoin redeemable 1:1 for USD. It is fully backed by high-quality reserves, primarily U.S. government money market funds and cash equivalents, held and managed by BitGo, a leading regulated digital asset custodian.
Designed for security, transparency, and institutional-grade reliability, USD1 has rapidly grown to become one of the top stablecoins by market cap since its launch earlier this year. It supports seamless on-chain transactions, DeFi applications, and cross-border payments while maintaining strict compliance standards.
Why Monad?
Monad is a high-performance Layer 1 blockchain that delivers up to 10,000 transactions per second (TPS), sub-second block times, and full compatibility with the Ethereum Virtual Machine (EVM). This allows developers to port Ethereum dApps directly to Monad without code changes, while benefiting from dramatically improved speed and lower costs.
By deploying USD1 on Monad, users gain access to a fast, scalable environment ideal for advanced DeFi primitives, high-frequency trading, and innovative applications.
Key highlights from the announcement:
- USD1 is immediately available on major Monad protocols, including TownSquare and PancakeSwap, with more integrations on the way.
- Builders in the Monad ecosystem can now leverage a trusted, stable digital dollar to power growth and experimentation.
Broader Implications for DeFi
This move strengthens USD1's position as a go-to stablecoin across multiple chains, enhancing liquidity and utility in high-performance environments. As Monad continues to attract developers focused on pushing blockchain limits, USD1 provides the stable foundation needed for real-world financial applications.
The expansion underscores WLFI's commitment to bridging traditional finance with decentralized innovation, making reliable digital dollars accessible to institutions, developers, and everyday users.
For informational purposes only. Digital assets carry significant risk. Always conduct your own research.