Liberty launches USD1 trading competition, RWA on-chain transformation enters the practical verification stage

Liberty announced recently the launch of a new phase driven by USD1 for RWA, and will introduce a USD1 trading competition to test market behavior of real on-chain assets. This not only marks the strategic acceleration of Liberty in the RWA track but also reflects the increasing market recognition of USD1 as a new type of stablecoin. According to the latest news, this trading competition will be conducted with the support of the WLFI Foundation, aiming to observe liquidity formation, trading incentives, and market participation patterns in a real market environment.

Core Support for On-Chain RWA

USD1’s Underlying Advantages

Liberty is advancing the on-chain process of multiple asset classes around USD1, including stocks, funds, bonds, and commodities. The key advantage of USD1 is that it is fully backed by U.S. Treasuries and cash equivalents, which is completely different from traditional crypto-backed stablecoins.

In contrast, many on-chain stablecoins are backed by volatile cryptocurrencies, which face risks if their prices collapse. USD1, supported by real government bonds, provides a more stable basis for pricing and settlement.

Market Performance Validates Demand

Since its launch between March and April 2025, USD1 has experienced rapid growth in trading volume. According to publicly available data, its 24-hour trading volume has changed as follows:

In the nine months since its launch, the 24-hour trading volume has increased by approximately 50-100 times, reflecting USD1’s market performance as the “fastest-growing stablecoin.”

Strategic Significance of the Trading Competition

Practical Validation Needed

Liberty emphasizes that this trading competition is not just a market interaction but also a practical validation of USD1’s coordination ability and settlement efficiency in RWA scenarios. This indicates that the project team has completed infrastructure development and now needs real trading data to verify the system’s actual performance.

Specifically, the competition will focus on three aspects:

• How liquidity is formed in USD1-driven RWA scenarios
• How effective trading incentives are in attracting participants
• How market participation patterns evolve and develop

From Theory to Practice

This stage is crucial. Many RWA projects remain in the theoretical stage, but Liberty chooses to test directly in a real market environment. By collecting data through the trading competition, the project team can understand the actual behavior of users and capital in USD1-driven RWA scenarios, which is vital for subsequent product iteration and strategic adjustments.

Market Outlook and Future Focus

According to the latest news, related details will be announced gradually as the market progresses. From current trends, Liberty’s layout in the RWA track has entered a critical stage:

• Infrastructure is gradually improving
• The status of USD1 as the core unit of pricing and settlement is being established
• Market behavior of on-chain real assets is beginning to be systematically observed

This means that RWA is no longer just a concept but is entering a verifiable and quantifiable practical stage.

Summary

Liberty’s launch of the USD1 trading competition marks a key turning point from theory to practice in on-chain RWA. Supported by real government bonds and with a 50-100 times increase in trading volume over nine months, USD1 has already demonstrated market demand for such assets. The upcoming trading competition will provide valuable market data to help the project understand user behavior and the true laws of liquidity formation. This is not only crucial for Liberty’s own development but may also offer references for the maturity of the entire RWA track. Future attention should be paid to the specific rules of the trading competition, participation scale, and market feedback.