Trump-Backed World Liberty Financial Partners With Spacecoin to Explore Satellite-Based DeFi Payments

Trump-Backed World Liberty Financial Partners With Spacecoin to Explore Satellite-Based DeFi Payments

World Liberty Financial, a cryptocurrency project linked to the family of U.S. President Donald Trump, has announced a new partnership with Spacecoin, a satellite communications startup working on space-based internet infrastructure. The collaboration signals a growing interest in combining decentralized finance (DeFi) with alternative connectivity networks to reach people underserved by traditional financial and banking systems.

The partnership was disclosed in a blog post published by Spacecoin on Thursday. According to the announcement, the two projects will carry out a token swap, although specific financial terms were not made public. The broader goal is to test how blockchain-based financial services can operate in environments where conventional internet access and banking infrastructure are limited or unavailable.

At the center of the collaboration is USD1, World Liberty Financial’s dollar-pegged stablecoin. Zak Folkman, co-founder of World Liberty Financial, said the partnership reflects the project’s focus on real-world use cases.

“USD1 is intended to support payment and settlement activity in the real world,” Folkman said, adding that such partnerships aim to explore financial coordination and payments in regions with constrained access to existing financial rails.

Spacecoin is developing a low-Earth orbit satellite network designed to provide connectivity independent of terrestrial broadband systems. The company said it has already launched three satellites and is building what it describes as a decentralized physical infrastructure network. This approach positions Spacecoin as a potential alternative for delivering internet access in remote or underserved areas.

For World Liberty Financial, the Spacecoin partnership is part of a broader effort to expand the role of USD1 within the crypto ecosystem. Since launching last year, the stablecoin has grown to a market capitalization of about $3.27 billion, according to data. The project has also moved into crypto lending through its World Liberty Markets platform and is promoting USD1 as a settlement asset for on-chain and off-chain transactions.

Source: DeFiLlama

The Trump-linked crypto initiative has also been active on the international stage. Earlier this month, Pakistan signed a memorandum of understanding with an affiliate of World Liberty Financial to explore the use of USD1 for payments and remittances. The agreement marked a notable example of a sovereign-level engagement with the protocol.

Taken together, these developments highlight how World Liberty Financial is positioning USD1 beyond standard crypto trading, with ambitions that extend into global payments, alternative infrastructure, and cross-border finance. While the long-term impact of combining satellite networks with DeFi remains to be seen, the partnership with Spacecoin underscores the sector’s ongoing experimentation at the intersection of finance and emerging technology.

Read more