BlockBeats News, June 28th, According to CoinDesk, the Trump family's crypto project World Liberty Financial announced on Friday that it is partnering with Re7 Labs to establish a liquidity pool for its USD1 stablecoin on the DeFi lending platforms Euler and Lista. This move is part of its broader plan to promote the USD1 stablecoin to the BNB Chain.
Re7 Labs, a subsidiary of the London-based DeFi hedge fund Re7 Capital, plays a key role in this collaboration. The company just revealed last week that it will receive up to $10 million in investment from the Hong Kong-based VMS Group. This family office, which manages approximately $4 billion in assets, is entering the cryptocurrency space for the first time through this investment.
