Today, World Liberty Financial (WLFI), a new decentralized finance (DeFi) protocol backed by the 45th President and current President-elect, Donald Trump, announced it will adopt Chainlink’s industry-leading decentralized oracle services for onchain price data and cross-chain interoperability.
WLFI plans to operate on leading Ethereum DeFi protocol, Aave v3, pending approval from its governance platform, with the goal of “safeguarding the global status of the US dollar” by promoting stablecoin adoption and broadening DeFi’s user base.
Chainlink Price Feeds have secured Aave’s protocol for five years since its inception. As the industry-standard decentralized computing platform, Chainlink has enabled over $16 trillion in transaction value and provides a comprehensive set of services that are critical for creating and securing tokenized real-world assets (RWAs) and stablecoins capable of scaling onchain finance worldwide.
Leveraging Chainlink’s time-tested oracle infrastructure to deliver highly reliable price data onchain, even during volatile market conditions and adverse events such as flash loan attacks, Price Feeds are the leading oracle solution for hundreds of DeFi protocols with billions of dollars in TVL, as well as traditional financial institutions that are tokenizing assets onchain.
In an official announcement, WLFI cited Chainlink’s security track record, alongside additional services such as Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR), as major factors behind its decision to adopt Chainlink’s standard for data and cross-chain connectivity.
Eric Trump, Web3 Ambassador at World Liberty Financial, described WLFI’s partnership with Chainlink as “a huge step forward” in advancing the future of onchain finance.
“We’re excited to partner with WLFI on their data, cross-chain, and all other oracle network needs,” added Chainlink co-founder Sergey Nazarov. “The Chainlink standard is already widely used across DeFi and will help WLFI attract users that value the security and reliability that has already helped grow DeFi as an industry.”
To learn more about World Liberty Financial, visit their website and X.