[PRESS RELEASE – Panama City, Panama, July 30th, 2025]
Gate, a number one international cryptocurrency change, and World Liberty Monetary (WLFI), the developer of a pioneering DeFi protocol and governance platform impressed by President Donald J. Trump, collectively introduced a significant milestone within the rising adoption of USD1, a USD-backed stablecoin issued by WLFI. In response to on-chain knowledge as of at this time, Gate has formally change into the second-largest holder of USD1 amongst all centralized exchanges, trailing solely Binance.
The surge in USD1 holdings on Gate was pushed by the launch of Ika (IKA) on Gate Launchpad on July 26. The Launchpad marketing campaign helps subscriptions in USD1 and Gate Token (GT), attracting substantial person participation and stablecoin influx.
In response to on-chain knowledge, most USD1 liquidity is presently focused on the BNB Sensible Chain (BSC), with smaller however notable reserves on Ethereum (ETH). Gate presently holds roughly $170 million USD1 on BSC, rating second amongst CEXs with a further $20 million USD1 on Ethereum, rating first amongst CEXs on that chain. This correlates carefully with the full USD1 allocation of 196 million tokens contributed to the IKA Launchpad occasion so far.
In complete, Gate Launchpad with $IKA has seen person contributions surpass 200 million USD1 and 5.33 million GT, value roughly $97.5 million, marking one of many largest Launchpad commitments in Gate’s latest historical past.
USD1 is a USD-backed stablecoin issued by World Liberty Monetary, designed to supply clear, regulated, and scalable digital greenback entry throughout a number of blockchains. It’s backed 1:1 by short-term US authorities treasuries, US greenback deposits, and different money equivalents, with real-time audits and multi-chain deployment on BSC, Ethereum, and past.
This collaboration alerts each events’ dedication to constructing an open and compliant PayFi ecosystem—bridging conventional monetary property with next-generation decentralized infrastructure.
Customers can be taught extra on Gate Launchpad: https://gate.com/zh/launchpad
About Gate
Gate, based in 2013 by Dr. Han, is among the world’s earliest cryptocurrency exchanges. The platform serves over 33 million customers with 3,600+ digital property and pioneered the business’s first 100% proof-of-reserves. Past core buying and selling companies, Gate’s ecosystem consists of Gate Pockets, Gate Ventures, and different progressive options.
For extra data, customers can go to: Website | X | Telegram | LinkedIn | Instagram | YouTube
Disclaimer:
This content material doesn’t represent a suggestion, solicitation, or advice. You must at all times search unbiased skilled recommendation earlier than making funding choices. Gate could limit or prohibit sure companies in particular jurisdictions. For extra data, please learn the Person Settlement through https://www.gate.com/user-agreement.
About World Liberty Monetary
World Liberty Monetary (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform impressed by the imaginative and prescient of President Donald J. Trump. WLFI develops clear, safe, and accessible monetary instruments, together with institutional-grade merchandise designed to broaden participation in decentralized finance. WFLI’s USD1 is a stablecoin redeemable 1:1 for the U.S. greenback, 100% backed by short-term U.S. treasuries, money, and money equivalents.
Customers can be taught extra and observe updates at x.com/worldlibertyfi.
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