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The USD1 stablecoin, backed by US President Donald Trump, is expanding its presence in the world of decentralized finance (DeFi).
According to the statement, Enso (ENSO), known for its “chain shortcut” technologies that enable projects to be easily distributed on different blockchains, announced that it has been integrated into USD1’s infrastructure.
Enso founder Connor Howe stated in a statement that this integration will “make DeFi attractive to large players, including institutional investors, providing access to deep liquidity and optimal pricing.”
World Liberty Financial, one of the large crypto ventures backed by the Trump family, is the issuer of USD1, which launched in March. The stablecoin’s growth is part of a general trend of expansion in the stablecoin market through 2025.
Enso’s goal is to make USD1 ubiquitous across different blockchains, distributing its liquidity across multiple protocols. According to the company’s website, Enso has worked with over 250 protocols and processed over $17 billion in on-chain transactions.
Following the development, the rise in ENSO prices:
*This is not investment advice.
