USD1 Stablecoin Launches on DWF Liquid Markets, Expanding Access for Institutional Traders

DWF Labs has announced the launch of USD1, a next-generation stablecoin, on its DWF Liquid Markets platform. This marks a significant development in the crypto market as it provides over 1,000 counterparties with access to USD1 via DWF’s institutional-grade trading solution. Developed by World Liberty Financial and operating as a fiat-backed stablecoin, USD1 is fully backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. This stability facilitates efficient OTC trades on DWF Liquid Markets using a request for quote (RFQ) model, enabling traders to execute private transactions with no market impact.