WLFI Invests $10M in Falcon Finance to Boost On-Chain Dollar Liquidity

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Stablecoin challenge Falcon Finance mentioned it secured a $10 million strategic funding from World Liberty Financial (WLFI), the decentralized finance (DeFi) platform with hyperlinks to U.S. President Donald Trump's household.

The funding will assist technical integrations that allow liquidity between USDf, Falcon’s artificial greenback, and WLFI's USD1 stablecoin, in accordance to an emailed announcement.

The funding comes as Falcon Finance surpasses $1 billion in circulating provide following its public debut.

Falcon’s risk-adjusted artificial greenback protocol contrasts with WLFI’s absolutely reserved USD1, which is redeemable 1:1 for U.S. {dollars} and backed by cash market funds and money equivalents. The distinction means the 2 initiatives may provide complementary technique of producing yield by way of on-chain greenback devices.

USD1 is already being utilized as collateral inside Falcon, in accordance to the announcement.

“By combining Falcon’s model with our fiat-backed design, we’re building a more resilient and flexible digital dollar ecosystem for global users,” Zak Folkman, WLFI co-founder, mentioned.

Read More: Trump-Linked WLFI Partners With Vaulta After $6 Million Token Buy

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