World Liberty Financial, the DeFi platform linked to the Trump family, has appointed Ryan Ballantyne as chief business officer. Ballantyne comes from Coinbase Institutional where he developed expertise in institutional sales. The platform launched USD1, a stablecoin that has reached a market capitalization of approximately $4 billion, operational on Ethereum, BNB Chain, Solana, and Tron. The WLFI governance token has a market cap of approximately $1.74 billion, with 31.8 billion tokens in circulation out of a maximum supply of 100 billion. The platform plans to develop institutional treasury solutions and has considered applying for a national banking charter.
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