Gate and World Liberty Financial Reach Strategic Milestone: Gate Becomes Second-Largest Holder of USD1 Among Centralized Exchanges
Gate, a leading global cryptocurrency exchange, and World Liberty Financial (WLFI), the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, jointly announced a major milestone in the growing adoption of USD1, a USD-backed stablecoin issued by WLFI. According to on-chain data as of today, Gate has officially become the second-largest holder of USD1 among all centralized exchanges, trailing only Binance.
The surge in USD1 holdings on Gate was driven by the launch of Ika (IKA) on Gate Launchpad on July 26. The Launchpad campaign supports subscriptions in USD1 and Gate Token (GT), attracting substantial user participation and stablecoin inflow.
According to on-chain data, most USD1 liquidity is currently concentrated on the BNB Smart Cha...








