World Liberty Financial
WLFICrypto Lending Platform
News Heat Trend
Project Overview
World Liberty Financial is a DeFi project supported by the Donald Trump family. Its mission is to "make cryptocurrencies and America great by promoting the mass adoption of stablecoins and decentralized finance". World Liberty Financial will first be launched as a market for cryptocurrency lending using Aave infrastructure, and will launch its governance token WLFI and stablecoin USD1. Unlike other governance tokens such as UNI and MKR, WLFI does not provide economic rights.
Arthur Hayes: Money Printing Could Drive Cryptocurrency Prices Higher
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
TownSquare Announces Official Opening of Sonar New Subscription, 20% Allocation Raised Within 30 Minutes
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
AIFC: 3.3 Billion WLFI to Be Used for Collateral and Lending, 3.5 Billion WLFI Fully Transferable on August 12
WLFI treasury company AI Financial Corporation has disclosed that the company currently holds WLFI tokens worth approximately $380 million, of which about half can be used for collateral, staking, or lending transactions.According to the Form 8-K filed today, 3,321,690,994 WLFI (worth approximately $180 million) are immediately available, and these tokens are expected to be fully transferable by August 12, 2026. The remaining 3,583,585,650 WLFI are subject to a 12-month contractual lock-up and will also unlock on the same date. The above valuations are based on a WLFI price of $0.055 (as of 19:00 Eastern Time Monday).CEO Tony Isaac emphasized that the availability of usable tokens does not mean the company intends to sell them; WLFI is viewed as a strategic asset to optimize the balance sheet and support the company's liquidity. He stated that the availability of these tokens helps alleviate the going concern uncertainty disclosed in the recent Form 10-Q, and the company expects to have sufficient funds to maintain operations and fulfill its obligations for at least the next 12 months.AI Financial describes itself as a fintech company, providing blockchain-based payment, trading, and settlement infrastructure with cumulative transaction volume exceeding $8 billion. The company has a market capitalization of approximately $94.91 million, and its stock price has fallen 93% over the past year to $0.68, with liquidity challenges persisting. (Investing)
TownSquare Closes $16.25M in Total Funding to Accelerate Institutional Yield Adoption for USD1 and RWAs
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced the completion of its new Pre-A round of funding, bringing its total funding to $16.25 million. This capital will be used to accelerate the institutional adoption of USD1 and other RWA assets on World Liberty Financial.
WLFI Treasury Company AI Financial reported a net loss of $271.5 million for the first quarter, raising substantial doubt about its ability to continue as a going concern over the next year.
According to The Block, WLFI treasury company AI Financial released its financial results for the quarter ended March 28, 2026, reporting a net loss of $271.5 million, compared to a net loss of $2.4 million in the same period last year; the company stated that its financial condition raises substantial doubt about its ability to continue as a going concern over the next year. Revenue for the same period totaled $4.7 million, entirely derived from its crypto payment fintech business. AI Financial holds 7.28 billion WLFI tokens, with a fair value of approximately $706 million—markedly down from over $1 billion at the end of December 2025—and recognized an unrealized loss of $348.3 million. The company also noted that certain WLFI tokens are subject to lock-up restrictions, and its liquidity improvement, revenue growth, and ability to secure future financing will impact its continued operations.
TownSquare Announces $100 Million USD1 Stablecoin Liquidity Program
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
U.S. community bank organization sues OCC, seeking to block crypto firms from entering the banking system through trust charters
Odaily News: The Independent Community Bankers of America (ICBA) filed a lawsuit on Friday against the Office of the Comptroller of the Currency (OCC) in the U.S. District Court for the District of Columbia, challenging its authority to grant national trust bank charters to crypto firms and asking the court to vacate the final rule dated March 2, 2026, and Interpretive Letter No. 1176.ICBA President and CEO Rebeca Romero Rainey said the charters give crypto firms the credibility of a federal bank charter without requiring compliance with federal deposit insurance, capital and liquidity standards, and the Community Reinvestment Act. The ICBA also seeks to revoke Protego Holdings' conditional charter, citing deficiencies in its governance and risk controls.The lawsuit involves digital asset firms that have applied for or obtained OCC charters, including Circle, Ripple, Paxos, Fidelity, BitGo, Kraken parent company Payward, Block, and World Liberty Financial. Senator Elizabeth Warren separately accused the approvals of being unlawful, drawing pushback from the industry; the OCC plans to complete stablecoin rules under the GENIUS Act by November. (Decrypt)
Arthur Hayes: Money Printing Could Drive Cryptocurrency Prices Higher
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
Warren to Slam CLARITY Act in Senate, Says New Ethics Provisions Still Have Major Loopholes
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
Trump agrees to relinquish historic moral authority to advance crypto legislation
Trump agreed to include an ethics provision in the Clarity Act that bans senior officials from issuing cryptocurrencies, while also allowing him to continue profiting from World Liberty Financial, breaking the legislative deadlock.
Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
Trump Family-Backed World Liberty Financial Receives Preliminary Approval for U.S. National Trust Bank Charter
According to Bloomberg, the Trump family-backed cryptocurrency project World Liberty Financial has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, with plans to establish World Liberty Trust Company. Upon final approval, the institution will be able to directly issue and redeem the stablecoin USD1, manage its reserve assets, and provide digital asset custody services.
The Trump family's crypto project WLFI transferred nearly 2,600 WLFI tokens to a CEX, worth approximately $1.41 million.
According to data tracked by Arkham, approximately 14 hours ago, a flagged address associated with the Trump family-backed crypto project World Liberty Fi transferred 25.997 million WLFI tokens to the cryptocurrency exchange Gate, valued at around $1.41 million, indicating a suspected dump.
World Liberty's multiple crypto partnership plans have yet to materialize, and most assets in its "strategic token reserve" have already been transferred or disposed of
Odaily reports: Several partnership plans previously announced by the Trump family's crypto project World Liberty Financial have yet to materialize, including having Aave support its lending market, using Ethena's stablecoin as collateral, and bringing tokenized U.S. Treasuries and equities onto the World Liberty platform through Ondo.According to Nansen and Arkham data, the "strategic token reserve" previously established by World Liberty has also undergone significant changes, with most of its holdings of LINK, AAVE, ENA, and MOVE subsequently transferred or disposed of, and some assets moved into centralized exchange accounts. Nansen analysis shows that after World Liberty's token purchases were detected on-chain, the relevant tokens typically rose 10% to 26% within a day, but most of those gains failed to hold.World Liberty stated that the company continuously adjusts its strategy based on market changes and business priorities, and emphasized that it has no connection to decision-making by the Trump administration. (Bloomberg)
Worth approximately $13.55 million, a certain WLFI multisig wallet has transferred a cumulative 248 million WLFI to Binance over the past month
According to monitoring by on-chain analyst Yu Jin, a multisig wallet of WLFI transferred 88 million WLFI to Binance about half an hour ago, worth approximately $5.09 million. This address has gradually transferred a total of 248 million WLFI to Binance over the past month, with a total value of approximately $13.55 million.
Proposed Sell-Off Schedule for World Liberty Financial Tokens Held by Trump
Trump-affiliated entities' token holdings in the World Liberty Financial (WLFI) project have established a clear timeline for sales. According to disclosures, the holdings are subject to a two-year lock-up period followed by linear vesting over three years.
Over 20 Billion WLFI Tokens Transferred to New Vesting Contract, Trump and Other Founders Gain Future Unlock Path
According to Bitcoin News monitoring, The Washington Sun reported that Trump and other World Liberty Financial founders appear to have transferred over 20 billion WLFI tokens into a new vesting contract, replacing the previous indefinite lock-up arrangement and setting a path for future liquidity. On May 19, four wallets simultaneously transferred their holdings into this contract. One allocation matched Trump's disclosed holdings, while the other three allocations are believed to correspond to his family members' holdings. Under governance rules passed in May, founders could choose to continue the indefinite lock-up or adopt a new schedule: burn 10% of their allocation, undergo a two-year lock-up period, and then gradually unlock the remaining tokens over three years. These tokens cannot currently be sold. World Liberty Financial denies that these transfers are preparations for a sale.
Longling Capital transferred 65 million WLFI tokens to Binance, valued at $3.79 million
Odaily News: According to on-chain analyst Ember's monitoring, Longling Capital (0x2a2b...a5DaF) transferred 65 million WLFI tokens to Binance, valued at $3.79 million.
Warren to Slam CLARITY Act in Senate, Says New Ethics Provisions Still Have Major Loopholes
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
Trump’s Financial Disclosures Fuel Crypto Ethics Controversy; Democrats Demand Inclusion of Restrictive Clauses
U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.
Major Security Vulnerability Found in AI Agent Crypto Payment Infrastructure; LLM Router Leads to $500,000 Wallet Theft
According to CoinDesk, researchers from the University of California, Santa Barbara; the University of California, San Diego; blockchain security firm Fuzzland; and World Liberty Financial jointly published a paper warning that “LLM routers”—intermediary services positioned between users and AI models—have become a major threat to cryptocurrency asset security. The researchers discovered that 26 LLM routers are secretly injecting malicious tool calls and stealing user credentials, with one incident resulting in the complete draining of a customer’s cryptocurrency wallet worth $500,000. Additionally, by “poisoning” the router ecosystem, the researchers were able to gain control of approximately 400 downstream hosts within hours. Since sensitive data—including private keys and API credentials—is frequently transmitted in plaintext through these routers, users unknowingly expose their assets to risk. The researchers note that as McKinsey forecasts AI agents will mediate $3–5 trillion in global consumer commerce by 2030—and Binance founder Changpeng Zhao predicts AI agents’ payment volume will be one million times greater than that of humans—the current infrastructure’s security lags far behind the pace of industry development. The “weakest link” risk could thus trigger systemic, cascading crises.
Arthur Hayes: Money Printing Could Drive Cryptocurrency Prices Higher
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
Trump's support among young voters dropped from 43% to 19%, questioned over using crypto for profit
Odaily News: Trump's support among voters aged 18 to 29 dropped from 43% to 19%. Some young cryptocurrency investors have described his crypto projects as profit-seeking ventures, and criticized the TRUMP Meme coin for exploiting supporters who are familiar with crypto.Morten Christensen, an investor who holds a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was campaigning for president. He noted that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025.Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues the US dollar-pegged stablecoin USD1, whose market capitalization exceeds $4 billion. (Bitcoin.com News)
World Liberty's multiple crypto partnership plans have yet to materialize, and most assets in its "strategic token reserve" have already been transferred or disposed of
Odaily reports: Several partnership plans previously announced by the Trump family's crypto project World Liberty Financial have yet to materialize, including having Aave support its lending market, using Ethena's stablecoin as collateral, and bringing tokenized U.S. Treasuries and equities onto the World Liberty platform through Ondo.According to Nansen and Arkham data, the "strategic token reserve" previously established by World Liberty has also undergone significant changes, with most of its holdings of LINK, AAVE, ENA, and MOVE subsequently transferred or disposed of, and some assets moved into centralized exchange accounts. Nansen analysis shows that after World Liberty's token purchases were detected on-chain, the relevant tokens typically rose 10% to 26% within a day, but most of those gains failed to hold.World Liberty stated that the company continuously adjusts its strategy based on market changes and business priorities, and emphasized that it has no connection to decision-making by the Trump administration. (Bloomberg)
Trump Family Crypto Bank Secures 49% Stake Backing from Abu Dhabi's "Spy Sheikh"
According to The Wall Street Journal, UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan and his co-investors hold the largest stake of 49% in a newly established banking holding company for World Liberty Financial, the cryptocurrency venture backed by the Trump family. The Sheikh previously acquired a 49% stake in World Liberty Financial last year for $500 million. World Liberty Financial is currently actively preparing to launch its banking operations.
Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
World Liberty Financial natively launches USD1 on Canton Network
The Trump family's World Liberty Financial announced the native deployment of the USD1 stablecoin on Canton Network, enabling cross-chain interoperability without bridges.
Related news
U.S. community bank organization sues OCC, seeking to block crypto firms from entering the banking system through trust charters
Odaily News: The Independent Community Bankers of America (ICBA) filed a lawsuit on Friday against the Office of the Comptroller of the Currency (OCC) in the U.S. District Court for the District of Columbia, challenging its authority to grant national trust bank charters to crypto firms and asking the court to vacate the final rule dated March 2, 2026, and Interpretive Letter No. 1176.ICBA President and CEO Rebeca Romero Rainey said the charters give crypto firms the credibility of a federal bank charter without requiring compliance with federal deposit insurance, capital and liquidity standards, and the Community Reinvestment Act. The ICBA also seeks to revoke Protego Holdings' conditional charter, citing deficiencies in its governance and risk controls.The lawsuit involves digital asset firms that have applied for or obtained OCC charters, including Circle, Ripple, Paxos, Fidelity, BitGo, Kraken parent company Payward, Block, and World Liberty Financial. Senator Elizabeth Warren separately accused the approvals of being unlawful, drawing pushback from the industry; the OCC plans to complete stablecoin rules under the GENIUS Act by November. (Decrypt)
The Trump family's crypto project WLFI transferred nearly 2,600 WLFI tokens to a CEX, worth approximately $1.41 million.
According to data tracked by Arkham, approximately 14 hours ago, a flagged address associated with the Trump family-backed crypto project World Liberty Fi transferred 25.997 million WLFI tokens to the cryptocurrency exchange Gate, valued at around $1.41 million, indicating a suspected dump.
WLFI: $1.25M USD1 injected into reward pool; over 15 million tokens staked
World Liberty Financial (WLFI), the Trump family's crypto project, announced on the X platform that rewards were distributed as scheduled today. The reward pool has been funded with $1.25 million USD1, with additional rewards to be added every two weeks thereafter. Reward status can be verified via on-chain data. Additionally, approximately 15.11 million WLFI tokens have been staked to date.
Arthur Hayes: Money Printing Could Drive Cryptocurrency Prices Higher
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
Trump's support among young voters dropped from 43% to 19%, questioned over using crypto for profit
Odaily News: Trump's support among voters aged 18 to 29 dropped from 43% to 19%. Some young cryptocurrency investors have described his crypto projects as profit-seeking ventures, and criticized the TRUMP Meme coin for exploiting supporters who are familiar with crypto.Morten Christensen, an investor who holds a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was campaigning for president. He noted that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025.Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues the US dollar-pegged stablecoin USD1, whose market capitalization exceeds $4 billion. (Bitcoin.com News)
WLFI opens governance reward pool, first $1.25 million tranche of USD1 to be deposited tomorrow
WLFI will deposit its first tranche of $1.25 million in USD1 on October 2, distributed on a 180-day cycle.