Currencies34249
Market Cap$ 4.10T+0.48%
24h Spot Volume$ 76.43B+4.26%
DominanceBTC57.44%-0.33%ETH11.35%+0.78%
ETH Gas2.78 Gwei
Cryptorank

Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin


by Oluwapelumi Adejumo
for CryptoSlate
Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin

World Liberty Financial (WLFI), the DeFi initiative tied to President Donald Trump, has made substantial investments of over $11 million into Ethereum and a new stablecoin project this week.

These moves reflect WLFI’s growing ambition to build out core blockchain infrastructure and deepen its presence across the digital asset ecosystem.

Falcon Finance

On July 30, WLFI announced that it invested $10 million in Falcon Finance, a synthetic stablecoin protocol.

According to the statement, the capital will be used to develop Falcon’s multi-chain interoperability, improve smart contract modules, and support liquidity-sharing mechanisms between Falcon’s USDf and World Liberty Financial’s USD1 stablecoin. Notably, USD1 is also being used as collateral within Falcon’s protocol.

Falcon’s USDf stablecoin recently crossed $1 billion in circulating supply, spotlighting rising demand for decentralized dollar-pegged assets.

Unlike traditional stablecoins, USDf operates through an overcollateralization model that adjusts for real-time risk. This allows it to accept a variety of digital assets as collateral while maintaining price stability.

Meanwhile, USD1 complements USDf by serving as a fiat-redeemable asset. It’s backed by a reserve of US dollar deposits, government money market funds, and other short-term cash equivalents, offering an additional layer of trust and liquidity.

Zak Folkman, co-founder of WLFI, said the partnership aligns with the project’s broader ambition to reshape digital finance. He added:

“By combining Falcon’s innovative collateralization model with our fiat-backed approach, we are creating a more robust and flexible digital dollar infrastructure that will meet the diverse needs of both retail and institutional users across the global market.”

Ethereum investments

The stablecoin project investment follows WLFI’s deepening of its exposure to Ethereum with new recent purchases.

On July 29, blockchain analysis platform Lookonchain reported that the DeFi project acquired 256.75 ETH in July at an average cost of $3,895 per coin for $1 million.

This follows last week’s purchase of 3,473 ETH, which were then staked via the DeFi lending platform, Aave.

Following these purchases, World Liberty Financial now holds approximately 77,226 ETH, worth around $296 million at today’s prices. The firm also has an unrealized profit of roughly $42 million.

The post Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH

Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH

World Liberty Fi, the Trump-backed DeFi project, has made another notable move into E...
Everything Important You Need to Know About the White House Digital Assets Report

Everything Important You Need to Know About the White House Digital Assets Report

In a major move for U.S. digital asset regulation, President Donald Trump’s crypto wo...

Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin


by Oluwapelumi Adejumo
for CryptoSlate
Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin

World Liberty Financial (WLFI), the DeFi initiative tied to President Donald Trump, has made substantial investments of over $11 million into Ethereum and a new stablecoin project this week.

These moves reflect WLFI’s growing ambition to build out core blockchain infrastructure and deepen its presence across the digital asset ecosystem.

Falcon Finance

On July 30, WLFI announced that it invested $10 million in Falcon Finance, a synthetic stablecoin protocol.

According to the statement, the capital will be used to develop Falcon’s multi-chain interoperability, improve smart contract modules, and support liquidity-sharing mechanisms between Falcon’s USDf and World Liberty Financial’s USD1 stablecoin. Notably, USD1 is also being used as collateral within Falcon’s protocol.

Falcon’s USDf stablecoin recently crossed $1 billion in circulating supply, spotlighting rising demand for decentralized dollar-pegged assets.

Unlike traditional stablecoins, USDf operates through an overcollateralization model that adjusts for real-time risk. This allows it to accept a variety of digital assets as collateral while maintaining price stability.

Meanwhile, USD1 complements USDf by serving as a fiat-redeemable asset. It’s backed by a reserve of US dollar deposits, government money market funds, and other short-term cash equivalents, offering an additional layer of trust and liquidity.

Zak Folkman, co-founder of WLFI, said the partnership aligns with the project’s broader ambition to reshape digital finance. He added:

“By combining Falcon’s innovative collateralization model with our fiat-backed approach, we are creating a more robust and flexible digital dollar infrastructure that will meet the diverse needs of both retail and institutional users across the global market.”

Ethereum investments

The stablecoin project investment follows WLFI’s deepening of its exposure to Ethereum with new recent purchases.

On July 29, blockchain analysis platform Lookonchain reported that the DeFi project acquired 256.75 ETH in July at an average cost of $3,895 per coin for $1 million.

This follows last week’s purchase of 3,473 ETH, which were then staked via the DeFi lending platform, Aave.

Following these purchases, World Liberty Financial now holds approximately 77,226 ETH, worth around $296 million at today’s prices. The firm also has an unrealized profit of roughly $42 million.

The post Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH

Trump-Backed Venture World Liberty Fi Buys $1M Worth of Ethereum at $3,895 per ETH

World Liberty Fi, the Trump-backed DeFi project, has made another notable move into E...
Everything Important You Need to Know About the White House Digital Assets Report

Everything Important You Need to Know About the White House Digital Assets Report

In a major move for U.S. digital asset regulation, President Donald Trump’s crypto wo...