TLDR:
- World Liberty Financial and Spacecoin complete token swap to merge DeFi technology with satellite networks.
- Spacecoin deployed three satellites into orbit, advancing from concept to operational infrastructure in three years.
- Partnership explores payment solutions for environments where traditional financial infrastructure remains limited.
- USD1 stablecoin designed to enable financial transactions for users accessing internet through satellite systems.
World Liberty Financial and Spacecoin have announced a strategic partnership centered on a token swap between the two entities.
The collaboration aims to develop solutions that merge decentralized finance technology with satellite internet connectivity.
This alliance represents an effort to expand access to financial services in areas where traditional infrastructure remains limited.
Partnership Addresses Infrastructure Gaps in Connectivity and Finance
The agreement between World Liberty Financial and Spacecoin focuses on creating financial systems for satellite-based internet networks.
Zak Folkman, co-founder of World Liberty Financial, emphasized the infrastructure challenge that Spacecoin addresses through space-based connectivity expansion.
“Spacecoin is tackling a real infrastructure problem — expanding internet access by building connectivity from space,” Folkman stated in the announcement.
According to the announcement on Spacecoin’s social media platform, the partnership welcomes new participants as “WLFI Cadets” into their growing ecosystem.
MAJOR ANNOUNCEMENT
In a move anchored by a token swap with @worldlibertyfi, we’re entering into a strategic partnership to explore new solutions that converge the decentralized technology of finance and satellite internet connectivity.
Together, we will continue… pic.twitter.com/XnTRfdOKUx
— Spacecoin
Folkman further explained what attracted World Liberty Financial to the partnership. “What stood out to us is the focus on execution and long-term utility,” he noted.
World Liberty Financial’s USD1 stablecoin is designed to facilitate payment and settlement activities in real-world applications.
“USD1 is intended to support payment and settlement activity in the real world, and partnerships like this are focused on exploring payments, settlement, and coordination in environments where traditional financial rails may be limited,” Folkman added.
Spacecoin recently deployed three satellites into orbit, marking substantial progress in building its constellation network within three years of operation.
Combining Satellite Networks with Decentralized Financial Services
Tae Oh, Founder of Spacecoin, stated that providing global connectivity represents only part of the company’s mission. “Our mission is to provide connectivity to everyone, everywhere, but that is only half the battle,” Oh explained in the partnership announcement. The collaboration addresses the dual challenge of connectivity and financial access.
“True digital freedom also requires access to robust, fair, and open financial services,” Oh continued, outlining the rationale behind partnering with World Liberty Financial. The founder emphasized the importance of immediate financial capability for new users.
“Partnering with World Liberty Financial, a provider of compliant and trusted DeFi solutions means when our users come online for the first time, they can have access to one of the most important internet capabilities: to financially transact,” Oh stated.
The collaboration explores how decentralized finance can function in space-based internet environments. Traditional financial rails often struggle to reach areas with limited infrastructure.
Both organizations emphasize execution and long-term utility in their approach. Spacecoin’s satellite deployment demonstrates technical capability and operational momentum.
World Liberty Financial’s focus on regulatory compliance and real-world payment applications complements this infrastructure development.
The partnership aims to create practical solutions for the convergence of space technology and decentralized finance.
The post World Liberty Financial and Spacecoin Partner on Token Swap for DeFi and Satellite Integration appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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