BounceBit Integrates USD1 Stablecoin, Launches Promo Vault

Crypto platform BounceBit has integrated the USD1 stablecoin issued by World Liberty Financial, a firm backed by the Trump family. This integration unlocks new yield opportunities for users and expands USD1’s use in DeFi applications. A limited-time Promo Vault launching June 9th offers users 15% APR on their USD1 tokens for 30 days with a $1 million cap. This strategy incentivizes early adoption of the stablecoin.