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The Trump-Linked Stablecoin USD1 Collaborates with Enso to Expand Multi-Chain DeFi Business
BlockBeats News, October 28th, according to DL News, USD1, a stablecoin associated with U.S. President Trump, has recently partnered with the crypto cross-chain deployment technology provider Enso to further expand its DeFi business footprint across multiple blockchain ecosystems.
Enso's founder, Connor Howe, stated that this partnership will enhance DeFi's attractiveness to institutions and other major participants, enabling them to leverage deep liquidity and optimal pricing. According to the partnership announcement, Enso will drive USD1 to achieve "on-chain omnipresence" and distribute the stablecoin's liquidity to various blockchain protocols. After the partnership is implemented, USD1 will first go live on margin trading protocols such as Dolomite, allowing users to securely complete cross-chain transactions, lending, and transfers with this stablecoin.
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