FalconX announced support for World Liberty Financial‘s USD1, which is described as a USD-backed stablecoin, across FalconX’s institutional trading, credit, and custody product offerings. Customers are now able to trade USD1 through FalconX, use it as a form of collateral for certain derivatives and financing transactions, and then also custody USD1 — all via a common integrated platform.
Since launching earlier in 2025, USD1’s outstanding circulating supply has grown to more than $2.9 billion in market cap, ranking fairly high among the U.S.-dollar-backed stablecoins.
Reportedly backed 1:1 by assets held in reserve by BitGo, mainly in U.S. government money market funds as well as other cash equivalents, USD1 offers institutions an alternative for so-called capital-efficient stablecoin exposure.
Via this collab, FalconX users are able to gain access to deeper as well as reliable USD1 liquidity at “competitive pricing, enabling seamless integration of the asset into their trading and treasury workflows.”
Josh Barkhordar, Head of Sales at FalconX has claimed that USD1 is one of the fastest-growing stablecoins globally, “combining reserve transparency, stability, and cross-chain interoperability.”
They added that FalconX is pleased to “expand institutional access to trusted, transparent stablecoins and is excited to support the trading, financing, and custody of USD1.”
Zak Folkman, Co-Founder of World Liberty Financial has said that FalconX’s institutional credibility and global reach “make them an ideal partner as USD1 scales.”
They also mentioned that their support is “a key milestone as USD1 continues to grow across global markets, and we’re excited to build on this momentum together.”
This collabo marks the start of a broader partnership between FalconX and World Liberty Financial, “combining market expertise with infrastructure to support growing institutional demand for stablecoins like USD1.”
As covered, World Liberty Financial (WLFI) is a so-called decentralized finance (DeFi) protocol and governance platform dedicated “to empowering individuals through transparent, accessible, and secure financial solutions.”
WLFI seeks to democratize access to DeFi by creating “user-friendly tools that bring the benefits of decentralized finance to a broader audience.”
WLFI plans to be at the forefront of DeFi, offering a “platform that empowers users to participate actively in the financial future.”
As noted in the update, FalconX is a digital asset prime brokerage for the world’s institutions.
They provide access to digital asset liquidity and a range of trading services.
Their team for account, operational and trading needs enables investors to navigate markets “around the clock.”
FalconX Bravo, Inc., a FalconX affiliate, was reportedly the first CFTC-registered swap dealer focused on crypto derivatives.
FalconX is said to be backed by investors such as Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management.
FalconX currently maintains business offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore, Valletta.