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$USD1 Stablecoin Gets $120M Treasury Unlock Vote
#WorldLibertyFinancial proposes unlocking 5% of its token treasury, worth $120 million, to boost stablecoin adoption and compete with established market players.
The Trump family-backed project posted a governance proposal Wednesday suggesting treasury allocation to grow USD1 supply amid an increasingly competitive #stablecoin landscape. Additional supply would support use cases across select high-profile centralized and decentralized finance partnerships.
Increased adoption creates more value capture opportunities within the #WLFI ecosystem, the team stated. Growing $USD1 circulation drives demand for WLFI-governed services, integrations, liquidity incentives, and ecosystem programs as more users, platforms, institutions, and chains integrate with World Liberty Financial infrastructure.
$WLFI token launched on exchanges in September with 19.96 billion tokens allocated to the treasury from total supply. At current prices, the treasury holds nearly $2.4 billion value, making 5% unlocked equivalent to approximately $120 million.
