World Liberty launches a $3.4-billion stablecoin and lending platform, positioning it within onchain credit, collateralized loans and DeFi markets. World Liberty Financial has entered DeFi lending with the launch of World Liberty Markets, an onchain borrowing and lending platform built around its dollar-pegged stablecoin USD1. The platform uses smart contracts to manage lending terms, replacing centralized intermediaries with transparent and automated risk controls that are visible on the blockchain. USD1 plays a central role as the primary borrowing and settlement asset, allowing users to unlock liquidity from volatile holdings such as ETH or tokenized Bitcoin without selling those assets. Read more
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial. US Senator Elizabeth Warren is pressuring the country’s banking regulator to hold off on considering World Liberty Financial’s bid for a bank charter until US President Donald Trump divests his interest in the crypto platform. In a letter on Tuesday, Warren asked Comptroller of the Currency, Jonathan Gould, to delay reviewing World Liberty’s application for a national trust bank until Trump “eliminates all financial conflicts of interest involving himself or his family and the company.” “We have never seen financial conflicts or corruption of this magnitude,” Warren said. “The United States Congress failed to address them when it passed the GENIUS Act into law—so it is incumbent for the Senate to address these real and serious conflicts of interest as it considers crypto market structure legislation.” Read more
The crypto company tied to the US president and his family unlocked 24.6 billion tokens, making their holdings worth about $5 billion. An entity tied to US President Donald Trump’s family now holds about $5 billion worth of World Liberty Financial’s governance token (WLFI) after a significant unlock on Monday. According to World Liberty Financial’s website, DT Marks DEFI LLC and “certain family members” of Trump held 22.5 billion WLFI tokens. The company reported unlocking 24.6 billion WLFI tokens on Monday as part of a scheduled move to establish an initial circulating supply, briefly boosting the price to $0.40 before it fell to about $0.21 at time of publication. World Liberty previously said the holdings of its founders — including Trump and his three sons, Donald Trump Jr., Barron Trump and Eric Trump — would initially remain locked. However, Monday’s unlocking effectively gave the Trump family’s stake a valuation of about $5 billion based on the WLFI price at the time of publication. Read more