Events

World Liberty Financial is reshaping governance and incentives by requiring tokens to be staked for six months to qualify for voting rights, implementing on-chain proof-of-reserves for its USD1 stablecoin, and funneling stablecoin arbitrage value to long-term WLFI holders to concentrate influence among committed participants.

World Liberty Financial’s Trump-backed USD1 stablecoin fell by as much as 0.6% below its $1 peg amid heavy trading and online speculation, an episode the firm blamed on a coordinated attack. Its WLFI token dropped about 7% before USD1 quickly recovered, and World Liberty said the attack had failed.

Trump-linked World Liberty Financial (WLFI) intends to launch World Swap, a forex and remittance platform built on a USD1 stablecoin. The service aims to simplify cross-border transfers, undercut traditional providers with lower fees, and use BitGo for institutional-grade custody.

Binance, the world’s largest cryptocurrency exchange, is reported to hold roughly 87% of the supply of Trump-linked stablecoin USD1—about $4.7 billion—fueling industry worries over centralization. Binance co-founder CZ has disputed those concentration allegations.

USD1, a Trump-linked stablecoin issued by World Liberty Financial, has surged beyond a $5 billion market capitalization to claim the spot as the fifth-largest stablecoin. The rise has been fueled by strong institutional adoption, Binance support and heavy trading volumes, while the token remains close to a $1 peg.

World Liberty Financial’s USD1 stablecoin has overtaken PayPal’s PYUSD in market capitalization, propelled by Binance’s $40 million WLFI airdrop and rising exchange listings and merchant acceptance. Eric Trump publicly drew attention to the milestone amid broader shifts in global payment rails.

Pakistan has entered a partnership with World Liberty Financial to pilot a USD1-pegged stablecoin for cross-border payments, reflecting growing national interest in stablecoins alongside its broader digital currency strategy, and prompting roughly a 6% rise in WLFI's price as trading volumes climbed.

World Liberty Financial, supported by the Trump family, has rolled out WLFI Markets, a DeFi lending platform built around its USD1 stablecoin. The launch lifted DOLO prices and boosted DeFi use, while drawing regulatory and conflict-of-interest scrutiny as the firm pursues a U.S. bank charter.

Trump-linked World Liberty Financial proposes using about $120 million — roughly 5% of its unlocked WLFI treasury — in a community-run plan to expand the supply and adoption of its USD1 stablecoin through partnerships and ecosystem incentives, aiming to better compete in the crowded stablecoin market.

Binance is adopting the Trump-backed USD1 stablecoin as core collateral, introducing additional trading pairs, converting BUSD reserves into USD1 and boosting liquidity. The moves follow a $2B Abu Dhabi MGX investment into USD1, which is backed by U.S. Treasuries and has a $2.8B supply.