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Trump-backed World Liberty Financial partners with Spacecoin on USD1 satellite DeFi

DeFi & Protocol

The intersection of high-stakes politics and bleeding-edge financial technology reached a new orbit today as World Liberty Financial (WLF), the decentralized finance platform strongly associated with former President Donald J. Trump and his financial allies, announced a groundbreaking partnership with Spacecoin, a leader in aerospace blockchain infrastructure.

The collaboration centers on the development of the ‘USD1 Satellite DeFi Project,’ an ambitious initiative designed to launch and maintain a decentralized finance network broadcast entirely from low-earth orbit. The core mission is to provide ultra-low-cost access to DeFi protocols, aiming for a connection and transaction cost of just USD1 per user, primarily targeting emerging markets and regions with unreliable or heavily censored terrestrial internet.

World Liberty Financial sees the project as the ultimate manifestation of financial independence, designed to create a global system resistant to regulatory capture by established financial institutions. WLF representatives stated that the deployment is crucial for onboarding the ‘unbanked and politically ostracized’ into the global digital economy.

Spacecoin’s role involves deploying a constellation of specialized nanosatellites that will broadcast proprietary blockchain transaction data. This method aims to ensure that smart contract execution and stablecoin transfers remain operational and accessible even if national governments attempt to shut down local internet access or impose draconian financial controls. The architecture is designed to host a specialized stablecoin pegged to the US dollar, ensuring a reliable value store broadcast directly from space. The initial prototype satellite launch is scheduled for late Q4 of this year, pending regulatory approvals for orbital deployment.

Source: Trump-backed World Liberty Financial partners with Spacecoin on USD1 satellite DeFi

Disclaimer: This content is generated via ZODIAC AI engine for informational purposes. While we strive for accuracy, we do not guarantee the completeness of the information. This is not financial advice. Decisions should be made based on your own judgment.

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