WLFI Brings USD1 to Solana with Bonk and Raydium
The partnership teams up WLFI with Bonk, Solana’s leading memecoin project, and Raydium, one of the network’s biggest decentralized exchanges. The goal, according to WLFI, is simple — to “rebuild the Solana ecosystem” by making USD1 a key currency across major DeFi platforms.
In a post on X, the company said it’s joining forces with Bonk and Raydium to strengthen Solana’s financial foundation. WLFI also confirmed it has added USD1 to its own strategic reserves as part of a long-term growth plan.
“This is just the first step toward making USD1 the home base for Solana’s traders and creators,” WLFI wrote, stressing that it’s focused on real action, not hype. The project is taking a hands-on approach to growing Solana’s DeFi scene.
Competition in the stablecoin space is heating up. USDC from Circle still dominates Solana, making up over $8.5 billion of the network’s $13.82 billion total supply, per DeFiLlama data. WLFI’s push aims to challenge that dominance and make USD1 a central liquidity asset across Solana trading platforms.
As part of the collaboration, USD1 will be listed on Bonk.fun’s launchpad for new memecoins and integrated into Raydium’s AMM liquidity pools — letting developers create fresh tokens and trading pairs built around USD1. The rollout will include rewards for users providing liquidity or trading USD1 pairs, giving the stablecoin an extra boost within Solana DeFi.
USD1’s Rapid Rise and WLFI’s Bigger Plan
Since its April 2025 debut, USD1 has grown at a remarkable pace. By November, its supply had reached $2.91 billion, ranking it among the fastest-rising stablecoins of the year. WLFI’s Solana expansion is a key part of its mission to connect DeFi ecosystems across multiple blockchains.
The company also confirmed it has begun buying USD1 for its reserves — a move meant to support liquidity and stabilize trading conditions inside Solana. Though WLFI didn’t share figures, it said the tokens would back market-making and liquidity operations.
Following the announcement, the WLFI token jumped nearly 10% to $0.122, lifting the project’s market cap to about $3.3 billion. The rally reflects growing investor excitement over the Solana expansion.
This deal with Bonk and Raydium builds on WLFI’s recent efforts to expand USD1 adoption. On October 31, it launched the USD1 Points Program, rewarding users who engage in DeFi activities using the stablecoin. Participants can earn points by supplying liquidity on partner platforms like Dolomite.
WLFI says this partnership is just the start of a broader ecosystem rebuild. By merging stablecoin infrastructure with Solana’s ultra-fast and low-cost network, the company hopes to make USD1 a cornerstone of decentralized finance and a true rival to USDC.