Trump-backed USD1 stablecoin gets tech boost from blockchain ‘shortcuts’ provider

Group 1 - USD1, a stablecoin linked to US President Donald Trump, is enhancing its connections to decentralized finance (DeFi) through a partnership with Enso, which provides technology for cross-blockchain deployment [1][2] - The stablecoin market has expanded to over $308 billion, reflecting a growth of more than 50% this year, driven by favorable regulations in the US, including the Genius Act signed by Trump [2][3] - Analysts predict that stablecoins will represent 12% of global payments by 2030, indicating a significant future role in the financial ecosystem [3] Group 2 - USD1 has a market value of nearly $3 billion, making it the sixth-largest stablecoin globally, with approximately 70% of its liquidity concentrated on the BNB Chain [4] - Ethereum accounts for about 25% of USD1's liquidity, with the remainder distributed across Solana, Tron, and Aptos, showcasing a diverse liquidity base [5] - Following the partnership with Enso, USD1 will be accessible on various protocols, allowing users to trade, lend, and transfer the stablecoin across different blockchains [5]