Plume Network collaborates with WLFI: Leveraging USD1 stablecoin to drive RWAfi growth and open a new chapter in institutional-level asset tokenization.
In the realm of Real World Asset Financing (RWAfi), Plume Network is taking a crucial step forward. Plume Network has officially added USD1 (a stablecoin backed by U.S. Treasury bonds and their cash equivalents) as the primary reserve for its native stablecoin pUSD. This collaboration comes at a time when Plume Network is establishing a strategic alliance with USD1 issuer World Liberty Financial (WLFI), aimed at promoting the development of RWAfi through the establishment of institutional-grade stablecoin infrastructure. This partnership not only brings USD1 into Plume's native ecosystem, unlocking scalable DeFi liquidity and collateral but also heralds the beginning of a new chapter in institutional-grade asset tokenization.