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BONK.fun Partners with Solana as Official Launchpad for USD1 Valued Projects
ByAinvest
Sunday, Aug 31, 2025 11:17 pm ET1min read
BONK.fun has been appointed as the official launchpad on Solana for projects valued at USD1. The platform announced the news on September 1st and will provide further details on the launch and partnership in the coming days. This collaboration is significant for the Solana ecosystem, highlighting BONK.fun's expertise in token launch platforms.
Title: BONK.fun Appointed as Official Launchpad on Solana for USD1BONK.fun has been appointed as the official launchpad on Solana for projects valued at USD1. The platform announced the news on September 1st and will provide further details on the launch and partnership in the coming days. This collaboration is significant for the Solana ecosystem, highlighting BONK.fun's expertise in token launch platforms.
USD1, the stablecoin issued by the Trump-backed DeFi project World Liberty Financial (WLFI), is set to deploy on Solana. The project hinted at the possibility in a post on X, with a Twitter user known as CharlesWLFI confirming the deployment. The stablecoin will be integrated with Raydium, BONK.fun, and Kamino on its first day on Solana [1].
The potential deployment of USD1 on Solana continues WLFI’s efforts to increase adoption of the stablecoin. Since launching in April 2025, USD1 has seen sizable growth, with its supply increasing by $2 billion in the first few days. However, its growth had plateaued since then and remained at $2.402 billion, enough to rank it sixth among top altcoins [1].
The stablecoin's expansion to Solana will be the fourth blockchain network to power USD1, which is already live on BNB Smart Chain, Ethereum, and Tron Network. With its deployment on Solana, USD1 aims to see broader and more diverse use across multiple chains [1].
BONK.fun's appointment as the official launchpad on Solana for USD1 projects marks a significant milestone for the platform. BONK.fun is known for its expertise in token launch platforms, and this collaboration will bring USD1 to a wider audience within the Solana ecosystem.
The broader stablecoin market continues to grow, with USD1's effort to boost adoption amidst a trend of stablecoin expansion. According to DeFiLlama, the stablecoin market cap increased by $7.24 billion in the past seven days to hit a new high of $283.46 billion [1].
The growth of stablecoins, including smaller-cap ones such as PayPal PYUSD and Ripple RLUSD, has impacted Tether USDT’s dominance, with the leading stablecoin having a 59% dominance with a market cap of $167 billion [1].
References
[1] https://cryptorank.io/news/feed/9971b-world-liberty-financial-usd1-solana
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