Trump-Backed USD1 Stablecoin Gains New DeFi Utility with Kernel DAO Integration

World Liberty Financial, a company backed by former U.S. President Donald Trump, has announced its stablecoin, USD1, is now integrated with Kernel DAO. This integration allows users to restake USD1 for additional rewards, enhancing the asset’s utility and position within the decentralized finance (DeFi) space. USD1 aims to maintain a 1:1 peg with the U.S. dollar while offering the flexibility of blockchain-based financial services.