Lorenzo USD1+ OTF Revolutionizes Stablecoin Yield on BNB Chain with Innovative On-Chain Fund

On July 11, the USD1 1M incentive initiative, collaboratively organized by World Liberty Financial (WLFI), BNB Chain, PancakeSwap, and BUILDon, revealed its official outcomes. Lorenzo emerged as the distinguished winner in the “Existing BSC Projects” category, recognized for its pioneering efforts in advancing USD1 adoption and expanding the ecosystem.

As WLFI’s designated USD1 investment and financial partner, Lorenzo has introduced the USD1+ On-chain Traded Fund (OTF), leveraging USD1 as a standardized settlement currency. This innovation elevates stablecoins beyond mere payment instruments, transforming them into dynamic yield-generating assets and serving as a gateway for USD1 liquidity deployment.

The USD1+ OTF facilitates the issuance of financial product tokens, broadening the scope of USD1 applications across asset management, trading, and protocol integration. This strategic expansion positions USD1 as a pivotal yield asset within the on-chain dollar framework, fostering sustainable growth.

Currently deployed on the BNB Chain testnet, Lorenzo’s USD1+ OTF represents the inaugural on-chain institutional-grade stablecoin yield product, integrating Real-World Assets (RWA), quantitative trading, and DeFi methodologies to establish a robust and sustainable yield model.