The mint and a simultaneous $3 million burn come days after the venture said it had repaid $25 million of the borrowing position that left depositors unable to withdraw from a DeFi lending pool.
WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim
The mint and a simultaneous $3 million burn come days after the venture said it had repaid $25 million of the borrowing position that left depositors unable to withdraw from a DeFi lending pool.
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BTC rebounded from about $65,000 as crude oil retreated and institutional flows helped stabilize the market.
The new offering uses SOL staking and futures to deliver returns without price exposure, targeting compliance-minded investors.
The move would see World Liberty Financial join other crypto treasury firms, and comes as Trump adopts pro-crypto policies.
The token’s rebound was bolstered by technicals, as well as growing Avalanche-based projects making exposure to AVAX more attractive than to other altcoins.