WLFI publishes the USD1 real-time on-chain reserve proof page

WLFI-1,47%
USD1-0,01%
LINK0,87%

Foresight News reports that the Trump family’s crypto project WLFI has launched a real-time on-chain reserve proof page for USD1. The official statement says that Chainlink CRE will continuously pull reserve data from BitGo, verify it, and then write it on the blockchain. The page shows that the current USD1 collateralization rate is 100%, with a total supply of 4,711,598,238.81 tokens.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Buck Protocol Announces Closure, Holders to Receive Full Redemption

The Buck protocol announced an immediate shutdown, ensuring holders receive 100% capital returns with fully backed reserves. A redemption window has opened with no time limit for asset retrieval.

GateNews29m ago

XRP Evolves From Bridge Asset to DeFi Collateral, Says Evernorth CEO

Evernorth CEO Asheesh Birla is shifting XRP's role from a settlement tool to a productive asset in decentralized finance, focusing on capital efficiency. The company aims to activate dormant capital through initiatives like native XRP lending, positioning XRP as a key player in credit markets.

CryptoFrontier4h ago

Sui Launches USDsui Stablecoin Across DeFi Ecosystem

Sui has launched USDsui, a stablecoin integrated into its DeFi ecosystem for trading, lending, and application development, enhancing liquidity and supporting developers in building efficient financial tools.

GateNews10h ago

Mitsui Deploys Zipangcoin Tokenized Gold on Optimism Mainnet

Mitsui & Co. Digital Commodities has launched Zipangcoin (ZPG), representing precious metals, on Optimism's OP Mainnet, enhancing trading efficiency and accessibility for investors. This move supports the adoption of tokenized real-world assets in the digital investment landscape.

GateNews11h ago

Justin Sun Unveils Tron Post-Quantum Plan as Crypto Security Debate Grows

Justin Sun said Tron will pursue a post-quantum upgrade, aiming to bring NIST-backed cryptography to its mainnet. Key Takeaways: Justin Sun said Tron will launch a PQC upgrade. NIST standards may strain Tron throughput due to 10x larger signatures. TRX traded near $0.33 as roadmap details

Coinpedia11h ago

Ramp Network Launches Multichain Self-Custodial Wallet With Integrated Fiat On/Off-Ramps

Ramp Network has launched a multichain self-custodial wallet that simplifies buying, selling, trading, and cashing out crypto assets in one app, supporting multiple blockchains and allowing users to maintain control of their assets without relying on third parties.

GateNews12h ago
Comment
0/400
No comments