WLFI Invests $10M to Strengthen Falcon’s Stablecoin Ecosystem


WLFI Invests M to Strengthen Falcon’s Stablecoin Ecosystem


WLFI invests $10M in Falcon Finance to strengthen the stablecoin ecosystem, boost digital dollar innovation, and enhance global DeFi infrastructure.

World Liberty Financial (WLFI), a decentralized finance (DeFi) project associated with the Trump family, has made a major investment in the growing stablecoin sector. The firm has invested, or rather, financed Falcon Finance, a synthetic dollar protocol, to improve the future of digital currencies to the tune of 10 million dollars.

WLFI Joins Falcon to Make Stablecoins Safer and Faster

The investment is following the release of its fiat-backed stablecoin, USD1, by WLFI. This action is an attempt to integrate WLFI and Falcon further and facilitate innovations in the digital dollar infrastructure. The investment will assist Falcon in creating essential functions, including shared liquidity, multi-chain compatibility, and smart contract tools that will allow an easy exchange between USDf (the stablecoin of Falcon) and USD1.

Falcon Finance has already reached one of its major milestones and now has over 1 billion circulating supply since its public launch. Such fast development shows the growing popularity of alternative models of the digital dollar, which are more attentive to sustainability, adaptability, and usability.

According to Andrei Grachev, the managing partner of Falcon Finance, the collaboration with WLFI is going to introduce efficiency to on-chain dollar systems. He stressed that the well-established distribution networks of WLFI should lead to a faster penetration of the technology of Falcon among the users in the institutions and other stakeholders.

The partnership is the union of two complementary protocols. Falcon Finance is based on a dynamic and overcollateralized structure that takes a wide range of digital assets as collateral. In the interim, USD1 is a more conventional one, with a backing of 1:1 U.S dollar reserves, such as in the money market funds and the bank deposits. The combination of these approaches will help the two entities provide a more stable and secure digital asset ecosystem.

Related Reading: World Liberty Finance to Activate WLFI Trading in 6–8 Weeks 

Falcon to Use New Funds for Global Stablecoin Growth

Zak Folkman, co-founder of World Liberty Financial, called the partnership with Falcon a strategic step in building a full-scale DeFi infrastructure. This partnership, he said, will accommodate the expanding demands of retail and institutional customers, providing a combination of stability, transparency, and innovation in digital finance.

This investment is accompanied by the fact that WLFI has reported that its native token, WLFI, is now approved to be traded in the market. The implementation of the WLFI trading will be done in the next six to eight weeks. The development will enable the use of peer-to-peer and secondary markets, where more users can access the token directly.

Falcon Finance will use this new capital to further its mission to develop universal collateral infrastructure that can drive on-chain liquidity and yield. The partnership will enhance the accessibility and reliability of digital finance and will also help develop the stablecoin ecosystem in the long run.

This investment is a huge step towards the development of digital currency infrastructure. By deploying a strong strategic alignment and technical integration, WLFI and Falcon Finance are preparing a flexible, scalable, and global structure of a stablecoin framework that will support the demands of modern finance.

The post WLFI Invests $10M to Strengthen Falcon’s Stablecoin Ecosystem appeared first on Live Bitcoin News.



Source link