World Liberty Financial Stablecoin USD1 Lands on Prediction Market Myriad

Prediction marketplace Myriad volition integrate USD1, the stablecoin launched by Trump-backed DeFi task World Liberty Financial. With the integration, Myriad becomes “the archetypal prediction marketplace to spouse with WLFI to motorboat USD1 pools,” bringing USD1 connected BNB Chain to the platform.

The integration of USD1 connected Myriad “expands the real-world inferior of stable, dollar-backed integer assets successful emerging on-chain markets,” said Zach Witkoff, Co-Founder of World Liberty Financial. He added that prediction markets are a “growing class wrong decentralized finance,” with the Myriad integration bringing USD1 to “an situation wherever transparency, stableness and idiosyncratic spot are essential.”

Myriad co-founder and president Farokh Sarmad called the integration a “full-circle moment,” pursuing his interviews with Donald Trump and his sons Don Jr. and Eric astatine Mar-a-Lago successful September 2024. “I knew WLFI would beryllium thing the Trump household and their partners would instrumentality precise seriously,” Sarmad said.

Myriad’s USD1 rollout volition diagnostic its Candles product, antecedently announced arsenic portion of the prediction market’s integration with BNB Chain. Through a concern with crypto payments steadfast MoonPay, Myriad users tin money their positions successful these markets with crypto oregon fiat. Designed for velocity and simplicity, Candles are automated markets built astir auto-resolution, abbreviated timeframes, and continuous flow, enabling users to instrumentality portion successful fast-paced prediction oregon trading environments without waiting for agelong colony cycles.

“We’re enabling a fast, reliable outgo acquisition that simplifies however users entree and prosecute with onchain markets, supporting Myriad arsenic it continues to standard its platform,” said Ivan Soto-Wright, co-founder and CEO of MoonPay.

Candles volition beryllium further expanded done a “phased migration” successful aboriginal 2026, adding caller marketplace formats and expanding their functionality.

The motorboat of Myriad’s Candles successful concern with WLFI volition besides footwear disconnected the phased rollout of the Myriad In-App Wallet, wherever payments volition besides beryllium powered by MoonPay. Designed to present a “fully unified acquisition crossed the Myriad ecosystem,” the integration represents a “significant measurement forward” for the platform, Myriad Co-Founder and COO Ilan Hazan told Decrypt. “We judge it volition accelerate adoption, fortify merchandise capabilities, and presumption Myriad for its adjacent signifier of growth.”

First announced successful August 2024, World Liberty Financial is simply a DeFi task co-founded by U.S. President Donald Trump and led by DeFi builders Chase Herro and Zak Folkman, on with different members of the Trump household and Zach Witkoff.