World Liberty Financial, a crypto organization associated with the Trump family, has suggested allocating 5% of its WLFI token treasury, valued at approximately $120 million, towards the growth of its stablecoin, USD1.
An official proposal posted to the World Liberty Financial governance forum on December 17 recommended unlocking WLFI holdings to support the stablecoin’s expansion by partnering with principal centralized finance (CeFi) and decentralized finance (DeFi) players.
The proposal stated that these funds would be provided as strategic support rather than as direct token grants.
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It added, “As USD1 grows, more users, platforms, institutions, and chains integrate with World Liberty Financial infrastructure. This increases the scale and influence of the network governed by WLFI holders”.
The WLFI treasury contains nearly 19.96 billion tokens, which form a reserve estimated at around $2.4 billion. Based on the 5% being discussed, about $120 million in value would be set aside for this initiative, according to data referenced in the governance forum post.
The proposal remains open to stakeholders for voting, offering choices to approve, reject, or abstain. Early feedback indicates a tendency toward opposition, though stakeholders continue to submit responses as the voting window remains active.
$7.97B
introduced trading pairs that feature the Trump-family-supported stablecoin USD1. What did Zach Witkoff, World Liberty Financial’s CEO and co-founder, say? Read the full story.
