PANews reported on June 27 that according to CoinDesk, World Liberty Financial (WLF), a decentralized finance (DeFi) project related to US President Trump, is working with Re7 Labs to set up USD1 stablecoin vaults on DeFi lending platforms such as Euler and Lista. This move aims to promote the application and expansion of USD1 stablecoin on Binance BNB chain. Re7 Labs recently received a maximum investment of US$10 million from Hong Kong family office VMS Group. Both parties are committed to building a new generation of DeFi infrastructure to improve stability, transparency and capital efficiency.