Trump-backed World Liberty proposes using 5% of WLFI treasury to boost USD1 growth

Key Takeaways

  • World Liberty Financial plans to use up to 5% of unlocked WLFI treasury holdings to expand USD1 adoption.
  • The initiative aims to position USD1 as a major competitor in the crowded stablecoin market.

World Liberty Financial, a DeFi project backed by the Trump family, has proposed using up to 5% of the unlocked WLFI token treasury holdings to support USD1 growth and expand its adoption through targeted ecosystem incentives.

Launched in March of this year, the stablecoin has reached approximately $3 billion in market capitalization through strong community engagement and key integrations. As competition in the stablecoin space intensifies, the team says targeted incentives are needed to sustain and expand adoption.

Under the proposal, the tokens will be deployed to support selected CeFi and DeFi use cases. All partners receiving incentives will be clearly identified and disclosed.

As the ecosystem’s flagship product, USD1 growth directly benefits the WLFI network by expanding usage, integrations, and economic activity, as noted in the proposal. The plan is expected to strengthen governance value for WLFI holders and increase long-term ecosystem influence.

Source: https://cryptobriefing.com/world-liberty-proposes-allocating-5-percent-wlfi-boost-usd1/