World Liberty Financial Proposed Using 5% Of Treasury To Grow USD1
World Liberty Financial, supported by the Trump family, has proposed allocating 5% of its WLFI token treasury—worth about $120 million—to increase the supply of its stablecoin, USD1. The team believes expanding USD1’s supply is crucial to remain competitive in the stablecoin market. The proposal aims to expand USD1’s adoption through partnerships with centralized and decentralized finance platforms, which could grow the WLFI ecosystem’s value and influence. As more USD1 circulates, the demand for WLFI-governed services and ecosystem programs is expected to rise. Launched in March, USD1 now holds a market cap of $2.74 billion, ranking as the seventh-largest USD-pegged stablecoin, but it still lags behind competitors like PayPal’s PYUSD. The WLFI token began trading in September, with nearly $2.4 billion allocated to its treasury. The current community vote on the proposal offers options to support, oppose, or abstain, with initial responses showing a slight majority against the proposal.
