World Liberty Financial Partners with Kernel DAO to Launch USD1 Restaking
World Liberty Financial (WLFI) is expanding the utility of its USD1 stablecoin through a new partnership with Kernel DAO, enabling restaking for passive rewards. This marks the first time USD1 will be used to help secure third-party blockchain applications.
While specific details about the restaking mechanism remain limited, the announcement has already made waves in the market. Kernel DAO’s native token, KERNEL, surged over 7% following the news, reflecting growing enthusiasm among investors and the broader crypto community.
USD1 Gains New Utility Through Restaking
The partnership is a major step forward for WLFI, which has been gaining traction in the crypto space amid a series of high-profile collaborations. The firm previously teamed up with StakeStone to enable USD1 staking and with Lista DAO for stable yield farming. With Kernel DAO’s integration, USD1 holders now have a new way to earn passive income while contributing to the security of decentralized applications.
This integration will allow USD1 to play a more active role in the DeFi ecosystem by participating in the emerging restaking model, which lets assets secure multiple networks or applications simultaneously.
Shared Ties to Binance Strengthen the Link
Both WLFI and Kernel DAO share a connection with Binance. Kernel DAO has received multiple rounds of investment from the crypto exchange, while Binance was the first major platform to list USD1. The two companies are also rumored to have held extensive negotiations behind the scenes, possibly aligning their strategic interests further.
Controversy and Growth Surround USD1
Despite facing criticism from U.S. Democratic lawmakers and regulatory pressure, USD1 has experienced rapid adoption. Since its launch, the stablecoin has surpassed $2.1 billion in market capitalization within just one month, signaling strong market demand and investor confidence.
Former President Donald Trump’s increasing involvement in crypto projects has also drawn attention to WLFI, further boosting its visibility and momentum in the blockchain space.
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