Trump-Linked Stablecoin USD1 Targets Solana After $2.5B Surge

Hints of the expansion surfaced this week when Charles, who oversees the project’s Solana strategy, teased that the launch would happen “sooner than you think.” Co-founder Zach Witkoff followed with a blunt post on X: “Solana here we come.” The company’s account added fuel by rebranding its logo in Solana’s trademark green and purple.

But behind the bravado, on-chain watchers already spotted the groundwork being laid. Research group Dumpster Dao reported that World Liberty Financial had activated a Chainlink CCIP bridge on Solana, and shortly after, Solana’s biggest lending platform Kamino Finance deployed a dedicated USD1 vault.

Token transfers from Kamino’s multisig back to World Liberty’s Solana address suggest the system is already running tests.

The timing is notable. Solana’s stablecoin market has swelled to over $12 billion, its highest in months. Circle’s USDC dominates with nearly $9 billion, while Tether’s USDT controls just over $2 billion. Analysts say another deep-pocketed entrant like USD1 could boost Solana’s liquidity across lending markets and settlement rails.

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USD1, pegged to the U.S. dollar and backed by Treasuries and cash equivalents, is already live on Ethereum, BNB Chain, and Tron, with a circulating supply near $2.5 billion. Much of that sits on BNB Chain, where the stablecoin has found early traction through integrations with Binance and Bullish. Its rapid rise has pushed it into the top tier of stablecoins globally.

If the Solana rollout proceeds as expected, it could mark the biggest expansion yet for World Liberty Financial — and further cement Trump’s role in the evolving intersection of politics and digital finance.

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