Crypto Journalist
Amin Ayan
Crypto Journalist
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World Liberty Financial, the crypto project associated with the family of US President Donald Trump, has entered a partnership with satellite startup Spacecoin to explore how decentralized finance could operate over space-based internet infrastructure.
Key Takeaways:
- World Liberty Financial is partnering with Spacecoin to explore DeFi over satellite internet.
- The USD1 stablecoin is positioned for payments in remote and underserved regions.
- The move supports the project’s broader effort to expand USD1’s global use.
In a blog post published Thursday, Spacecoin said the collaboration includes a token swap between the two projects, though financial terms were not disclosed.
The companies said the partnership is aimed at expanding access to digital financial services in regions where traditional banking and broadband infrastructure remain limited.
World Liberty Financial Says USD1 Targets Real-World Payments in Underserved Areas
Zak Folkman, co-founder of World Liberty Financial, said the initiative aligns with the project’s broader focus on real-world payments and settlement.
He said the USD1 stablecoin is designed to support transactions in environments where conventional financial rails are unavailable or unreliable, including remote and underserved areas.
Spacecoin is building a low-Earth orbit satellite network intended to provide internet connectivity beyond the reach of terrestrial broadband.
The company said it has already launched three satellites and is positioning its system as a decentralized physical infrastructure network, or DePIN, that could support financial and communications services in hard-to-connect regions.
The partnership comes as World Liberty Financial continues to broaden the use cases for its USD1 stablecoin.
Beyond payments, the project has expanded into crypto lending through its World Liberty Markets platform, while promoting USD1 as a settlement asset for onchain and offchain activity.
USD1, a dollar-pegged stablecoin launched last year, has grown rapidly. Its market capitalization now stands at approximately $3.27 billion, placing it among the larger stablecoins in circulation.
World Liberty Financial has also stepped up its international outreach.
Earlier this month, Pakistan signed a memorandum of understanding with a World Liberty affiliate to explore potential applications of USD1 in payments and remittances.
The agreement marked one of the first instances of a sovereign entity formally engaging with the Trump-linked protocol.
Bitcoin Loses 25,000 Millionaire Addresses Despite Pro-Crypto Turn Under Trump
As reported, Bitcoin has shed roughly 25,000 millionaire addresses in the year since Donald Trump returned to the White House, even as US policy shifted toward a more crypto-friendly stance.
Blockchain data shows the number of addresses holding at least $1 million in BTC fell about 16% year over year, suggesting regulatory optimism has not translated into sustained on-chain wealth growth.
The pullback was less severe among the largest holders. Addresses with more than $10 million in Bitcoin declined by about 12.5%, indicating that top-tier investors were better able to withstand price volatility, while wallets near the millionaire threshold were more exposed to market swings.
Much of the increase in Bitcoin millionaire addresses occurred before Trump took office, driven by a late-2024 rally fueled by election-related optimism and expectations of deregulation.
