Trump-Backed World Liberty Financial Teams With Spacecoin on Revolutionary DeFi Partnership
Forget waiting for traditional finance to catch up—a major political name just jumped headfirst into decentralized finance. World Liberty Financial, a firm with direct ties to former President Donald Trump, announced a strategic partnership with Spacecoin to launch a new DeFi initiative. This isn't just another crypto project; it's a direct challenge to the old guard.
The Mechanics of the Move
The partnership aims to build a suite of DeFi products that bypass traditional banking intermediaries. Think lending protocols, yield-generating vaults, and asset tokenization—all under a banner that merges political brand power with crypto-native tech. Spacecoin brings the blockchain infrastructure; World Liberty Financial brings a network of high-net-worth investors tired of measly savings account rates. It’s a classic play: leverage existing influence to capture a new market.
Why This Partnership Matters Now
DeFi has been searching for its mainstream 'bridge' moment. While institutional adoption often means BlackRock filing for an ETF, this move represents a different path—one fueled by political capital and populist finance narratives. It signals to a specific demographic that crypto isn't just for tech elites; it's for anyone skeptical of the current financial system. Of course, cynics might note that marrying volatile crypto assets with politically-charged branding creates a special kind of risk—call it 'narrative liquidity,' where the value swings with the latest headline.
The Road Ahead & The Inevitable Skepticism
The initiative will face immediate scrutiny from regulators and traditional finance purists. How will compliance be handled? What's the actual utility beyond the hype? These are fair questions. Yet, the partnership undeniably pours rocket fuel on DeFi's quest for legitimacy in alternative financial circles. It proves that powerful entities see the space not as a fringe experiment, but as a viable frontier for capital and influence. One finance veteran's jab? 'Finally, a way to make political volatility and crypto volatility work together—what could go wrong?' The market is watching; this could either be a masterstroke or a spectacular case study in what happens when different worlds of high-risk speculation collide.
World Liberty Financial Says USD1 Targets Real-World Payments in Underserved Areas
Zak Folkman, co-founder of World Liberty Financial, said the initiative aligns with the project’s broader focus on real-world payments and settlement.
He said the USD1 stablecoin is designed to support transactions in environments where conventional financial rails are unavailable or unreliable, including remote and underserved areas.
Spacecoin is building a low-Earth orbit satellite network intended to provide internet connectivity beyond the reach of terrestrial broadband.
The company said it has already launched three satellites and is positioning its system as a decentralized physical infrastructure network, or DePIN, that could support financial and communications services in hard-to-connect regions.
The partnership comes as World Liberty Financial continues to broaden the use cases for its USD1 stablecoin.
MAJOR ANNOUNCEMENT
In a MOVE anchored by a token swap with @worldlibertyfi, we’re entering into a strategic partnership to explore new solutions that converge the decentralized technology of finance and satellite internet connectivity.
Together, we will continue… pic.twitter.com/XnTRfdOKUx
Beyond payments, the project has expanded into crypto lending through its World Liberty Markets platform, while promoting USD1 as a settlement asset for onchain and offchain activity.
USD1, a dollar-pegged stablecoin launched last year, has grown rapidly. Its market capitalization now stands at approximately $3.27 billion, placing it among the larger stablecoins in circulation.
World Liberty Financial has also stepped up its international outreach.
Earlier this month, Pakistan signed a memorandum of understanding with a World Liberty affiliate to explore potential applications of USD1 in payments and remittances.
The agreement marked one of the first instances of a sovereign entity formally engaging with the Trump-linked protocol.
Bitcoin Loses 25,000 Millionaire Addresses Despite Pro-Crypto Turn Under Trump
As reported, bitcoin has shed roughly 25,000 millionaire addresses in the year since Donald Trump returned to the White House, even as US policy shifted toward a more crypto-friendly stance.
Blockchain data shows the number of addresses holding at least $1 million in BTC fell about 16% year over year, suggesting regulatory Optimism has not translated into sustained on-chain wealth growth.
The pullback was less severe among the largest holders. Addresses with more than $10 million in Bitcoin declined by about 12.5%, indicating that top-tier investors were better able to withstand price volatility, while wallets near the millionaire threshold were more exposed to market swings.
Much of the increase in Bitcoin millionaire addresses occurred before TRUMP took office, driven by a late-2024 rally fueled by election-related optimism and expectations of deregulation.
