This Trump Crypto Project Could Now Change DeFi For Good

The crypto project World Liberty Financial, launched by Donald Trump, has just announced a strategic partnership with Chainlink for the integration of price oracles. This collaboration marks a major step in the expansion of traditional DeFi, as the project relies on Ethereum’s blockchain technology.

The crypto project World Liberty Financial integrates Chainlink

World Liberty Financial, based on the Aave v3 protocol, officially announced on November 14 its integration with Chainlink data feeds on the Ethereum mainnet. This strategic decision will allow the platform to access real-time and tamper-proof price data, essential for its decentralized financial services.

Eric Trump, Web3 ambassador of World Liberty Financial, emphasized the importance of this collaboration by expressing unprecedented optimism for the future of DeFi and crypto.

The choice of Chainlink as the oracle provider is not insignificant. The company recently successfully concluded a pilot program involving SWIFT, demonstrating its ability to connect traditional finance to the blockchain world.

Moreover, the WLFI token of World Liberty Financial will be exclusively accessible to accredited American investors and non-American residents, highlighting the project’s cautious regulatory approach.

This alliance comes at a crucial time as Chainlink strengthens its position as a leader in the blockchain ecosystem, notably thanks to its recent innovations in transaction privacy.

Chainlink strengthens its dominant position in the DeFi ecosystem

Faced with increasing competition, Chainlink maintains its undisputed leader position in the oracle sector. With about 46% of the total value secured (TVS) in October 2024, according to DefiLlama, the platform far surpasses its competitors like Pyth, which holds only 9.5% of the market.

The company continues to innovate with the launch of new features crucial for institutional adoption, including the Blockchain Privacy Manager and CCIP Private Transactions. These tools enable businesses to protect their sensitive data while reaping the benefits of blockchain technology.

Recent partnerships, notably with UBS and the Monetary Authority of Singapore, along with adoption by TronDAO, reflect the growing confidence of traditional institutions and major blockchain players in Chainlink.

The choice of World Liberty Financial to integrate Chainlink represents a significant vote of confidence in oracle technology and marks a new step in the convergence between traditional finance and DeFi. This collaboration could catalyze the massive adoption of decentralized financial services by a broader audience.