Spacecoin Announces Strategic Partnership With WLFI to Expand DeFi Connectivity

• WLFI has partnered with Spacecoin, allowing the latter’s satellite network to facilitate DeFi transactions.
• WLFI will enable USD1 stablecoin accessibility by token swap mechanism and LEO satellite connection.

World Liberty Financial (WLFI), the crypto project associated with US President Donald Trump, has announced a new partnership with satellite network operator Spacecoin to tap its satellite network to boost access to decentralized finance (DeFi). The USD1 stablecoin is at the core of the collaboration, and both parties are to deploy it into Spacecoin’s low-earth orbit satellite network. This will enable payment and settlement in areas underserved by the conventional financial systems.

According to a statement from WLFI co-founder Zak Folkman, the move prioritizes “execution and long-term utility.” He added that USD1 is designed for real-world financial activity, especially in environments where financial access is limited. Spacecoin confirmed it has already launched three satellites into orbit and intends to use them as a foundation for decentralized physical infrastructure that connects users to Web3 financial tools.

Spacecoin founder Tae Oh said users coming online for the first time through this network will immediately gain access to transacting capabilities via USD1, noting:

WLFI Expands DeFi Footprint While Building USD1 Ecosystem

As World Liberty Financial expands its satellite presence, it continues to broaden its stablecoin ecosystem and regulatory groundwork. As CNF reported, the firm recently filed for a trust charter to launch World Liberty Trust Company (WLTC), a step intended to boost USD1 usage in formal financial settings.

Earlier this month, WLFI also signed a sovereign partnership with Pakistan to explore USD1’s role in remittances and government payments, giving the stablecoin potential exposure in a major remittance corridor. Moreover, the company is collaborating with Spacecoin on a token swap system, but the details of the system are unreported.

In addition to the Spacecoin integration, WLFI has been concentrating on real-world asset (RWA) products and will support RWA products with USD1 acting as collateral. This is a product expansion that may invite institutional involvement, particularly as the company targets global applications. 

Additionally, USD1 has expanded consistently in terms of market share, and currently, its circulating market cap amounts to approximately $3.27 billion, placing it in the list of the top stablecoins. 

The company has also proposed utilizing a portion of its treasury to increase the supply of USD1 over centralized and decentralized exchanges to push further into adoption. Coinciding with the Spacecoin collaboration, the World Liberty Financial token WLFI is recording bullish momentum after a period of uncertainty. At press time, WLFI was trading at $0.1717, a 1.31% jump from the support level.