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WLFI Rises as Trump-Backed World Liberty Plans to Buy Back and Burn Tokens

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In brief

  • WLFI token holders passed a proposal to buy back and burn the token using earned fees.
  • Fees earned will buy used to buy WLFI from the open market and effectively remove them from the circulating supply.
  • WLFI is currently up 6% on the day and more than 13% in the last week.

The WLFI token of the Trump-backed DeFi protocol World Liberty Financial is rising amid news that the protocol intends to buy back and burn the token with fees it earns from providing liquidity. 

WLFI has risen over 6% in the last 24 hours and more than 13% in the last week, now changing hands at $0.236.

The firm’s buyback and burn program plans were officially approved via a governance vote in which WLFI token holders overwhelmingly voted in favor of the proposition with 99.84% “for.” 

“This proposal directs all fees earned by WLFI’s protocol-owned liquidity (POL) to be used for buying WLFI on the open market and permanently burning it,” it reads. 



In other words, all the fees earned by World Liberty Financial for providing liquidity with its treasury funds will purchase tokens, which will subsequently be burned—or effectively destroyed and removed from the supply. 

World Liberty currently earns fees from trading on the Ethereum, Solana, and BNB Chain. 

The proposal also considered alternative uses for the fees, like keeping them in the treasury for operations or splitting with a burn program, but ultimately believed that the “community preference” was to burn 100% of fees earned. 

The WLFI token debuted for trading in early September, quickly jumping to more than $0.26—greater than a 1,700% gain for allowlisted buyers of the token who were able to purchase it for just more than a penny. The token peaked above a price of $0.33 on the day that trading began.

Initially the token was not tradeable and was only used as a governance token, but a proposal was passed in July to make it eligible for trading on the open market.

The Trump-backed project has led to a significant boon to the family’s wealth, with the value of their holdings jumping as high as $6 billion thanks to their collectively owned 22.5 billion WLFI tokens. That amount is now worth just more than $5 billion. 

Since launching last year, the DeFi protocol unveiled its own stablecoin—USD1—which has gone on to earn a Coinbase listing. The dollar-backed stablecoin also trades on Ethereum, BNB Chain, Solana, and Tron.

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Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining
Crypto Trends

Trump-Backed Thumzup to Add 3,500 DOGE Mining Rigs

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Thumzup Media, the Nasdaq-listed company backed by Donald Trump Jr., is making a major bet on retail favourite dogecoin DOGE$0.2136 with plans to deploy 3,500 Dogecoin mining rigs by year-end.

The expansion is expected to come through a pending acquisition of Dogehash, a miner focused on the Scrypt algorithm that secures both Dogecoin and Litecoin.

Scrypt is specifically designed to make it costly to perform large-scale custom hardware attacks by requiring large amounts of memory.

According to its latest shareholder letter, Thumzup intends to buy Dogehash’s existing 2,500-rig fleet and add another 1,000 rigs before December, contingent on shareholder approval of the all-stock deal.

“Cryptocurrency mining presents what could be one of the greatest opportunities for value creation in the industry,” the company said, projecting “material” high-margin revenue from the integration.

Revenue estimates range from $22.7 million at current DOGE prices to more than $100 million if the token reaches $1. Dogecoin was trading near 22 cents on Friday, having remained little changed over the past 24 hours.

Thumzup’s pivot into crypto comes just months after it seeded a $1 million bitcoin position for its treasury in January. The firm has since expanded its mandate to include Dogecoin, Litecoin, Solana, XRP, ether and USDC, with board approval granted in recent weeks.

The move reflects a broader shift among small-cap firms looking to blend crypto exposure with traditional operations. While MicroStrategy has dominated headlines with its bitcoin-heavy balance sheet, Thumzup’s strategy leans toward diversification and direct mining revenue on relatively smaller tokens.

Dogecoin mining has historically been less profitable than bitcoin due to lower token value and Scrypt’s dynamics, but rising memecoin adoption has sparked new interest. Pairing Litecoin and Dogecoin mining also allows operators to hedge output across two actively traded assets.

If the rigs go live as projected, Thumzup will become one of the largest public Dogecoin miners, positioning itself squarely inside a market segment often dismissed as speculative but increasingly embraced by retail flows.



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Trump-Backed World Liberty Ethereum Token Debut: Here’s How It Played Out

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In brief

  • President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap.
  • At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko.
  • Some early buyers of the token could today realize a gain of more than 1,700%.

The President Trump-backed DeFi project World Liberty Financial unlocked its Ethereum token for trading today, debuting as already one of the largest cryptocurrencies by market capitalization.

Just over two hours after the token became tradable, CoinGecko placed WLFI as the 30th largest cryptocurrency at an $7.6 billion market cap and $26.7 billion fully diluted valuation. The numbers on CoinMarketCap are slightly different, with the index currently placing WLFI as the 24th largest while having a $6.48 billion market cap and a $26.28 billion fully diluted valuation.

The WLFI token is currently trading for around $0.265, already marking a significant return for early whitelisted buyers of the token who initially purchased the coin at a price of $0.015 per token. That’s a gain of more than 1,700%.



Nevertheless, over $8.51 million worth of long positions on WLFI have been liquidated so far today, according to CoinGlass, as well as $3.85 million worth of shorts—totalling $12.36 million in liquidations over its slightly over four-hour lifespan. To put that in perspective, $6.77 million in leveraged Bitcoin positions were rekt in the past four hours.

“Big day—World Liberty Financial just launched the WLFI token,” Donald Trump Jr., World Liberty Financial co-founder, said on X. “This isn’t some meme coin, it’s the governance backbone of a real ecosystem changing how money moves. Freedom + finance + America FIRST. Home Team.”

On unlocks: Only a portion of tokens purchased from the public sale that were bought at $0.015 & $0.05 will unlock initially – this directly rewards our early retail believers and no one else. Plus, treasury tokens purely to seed liquidity. This keeps the community the main focus…

— WLFI (@worldlibertyfi) July 19, 2025

The debut follows a July vote in which WLFI governance token holders decided to allow for the token to become transferable and tradable. The token was originally sold as a non-transferable governance token and raised $550 million via two sets of sales, finalizing in March. Following the sale, there was a “strong demand” from early adopters to make the token tradeable, according to World Liberty Financial.

WLFI began trading on several major centralized exchanges—including Gate, Bybit, and Binance—on Monday, which happens to be Labor Day for those Americans who celebrate it.

On Myriad, a prediction market developed by Decrypt’s parent company Dastan, predictors are now debating how many green hourly candles the token will have within its first 69 hours of life. WLFI’s first candle was green and followed by a red candle. It appears that Myriad users currently believe a downward trend is likely, placing odds at 66% that there will be more red than green.

“Our team has always believed in American strength and leadership,” World Liberty Financial co-founder Eric Trump wrote on X. “We’re setting a new standard for financial freedom; built on trust, speed, and U.S. values. This is a huge moment for the future of money!”

We are now live!!!! Our team has always believed in American strength and leadership. With today’s @WorldLibertyFi’s $WLFI 🦅 token launch, we’re setting a new standard for financial freedom; built on trust, speed, and U.S. values. This is a huge moment for the future of money! pic.twitter.com/40yUOZkG5Q

— Eric Trump (@EricTrump) September 1, 2025

World Liberty Financial is a decentralized finance project—the sort that allows for the non-custodial trading of crypto assets without third-party intermediaries. The project brands itself as a crypto lending and borrowing service, but has yet to launch. 

The Trump-backed project has, however, already rolled out its dollar-pegged stablecoin USD1, which is the sixth largest stablecoin by market cap, according to CoinGecko. It was co-founded by nine individuals, according to its site, including President Trump, his three sons, and U.S. special envoy to the Middle East Steven Witkoff. 

President Trump disclosed in July that he has pocketed a handsome $57.3 million from the crypto venture. Combined with his meme coin dealings, Trump’s crypto ventures have led to uproar within U.S. politics as some lawmakers have loudly criticized the apparent conflicts of interest.

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Trump-Backed USD1 to Supplant Tether, USDC as Top Stablecoin by 2028: Blockstreet

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In brief

  • Blockstreet is creating a complimentary ecosystem for USD1, the Trump-backed stablecoin.
  • Co-founder Kyle Klemmer believes that it will outmatch all other stablecoins by 2028.
  • World Liberty Financial’s WLFI governance token becomes tradable on Monday.

By the time U.S. President Donald Trump’s second term is over, USD1 will have become the world’s most dominant stablecoin, according to Blockstreet co-founder Kyle Klemmer.

“With the team, the backing, and just the overall excitement that the blockchain community has, I can certainly see USD1 being the most widely adopted stablecoin in the world by 2028,” he told Decrypt in a recent interview. “USDC is the first target.”

Blockstreet’s stated mission as a “USD1-native launchpad” is to amplify World Liberty Financial’s vision, and the firm has been tasked with integrating the stablecoin from the Trump family’s crypto venture into crypto and traditional markets. The little-known firm, which debuted in mid-July, is also “helping bank the unbanked,” Klemmer added.

Blockstreet co-founder Matthew Morgan, a former cannabis entrepreneur, is an advisor to World Liberty and serves as CIO at ALT5 Sigma Corporation. The financial infrastructure firm unveiled a crypto treasury strategy centered around World Liberty’s governance token earlier this month.

Klemmer’s prediction, and goal for USD1, could face a high bar. Although stablecoins are a $285 billion industry today, JPMorgan analysts expect the sector to grow to $500 billion by 2028. And Bernstein analysts foresee the market reaching $2.8 trillion in the next five years.

That’s not to mention stiff competition from existing players like Tether and Circle—the issuers of USDT and USDC, respectively—or new entrants like Citigroup and Bank of America that recently passed legislation could unlock. But Klemmer is optimistic about USD1’s chances, based on the amount of outreach he’s received so far.

“There’s a lot of people all around the world who are incredibly complimentary of what the current administration is doing,” he said of President Trump. “They’re very excited about what World Liberty is trying to accomplish with USD1. A lot of people, the first thing that they say is, ‘How can we help?’”

World Liberty debuted a year ago. While the project has yet to deliver on its initial promise of crypto borrowing and lending services, its USD1 stablecoin has been out since April, growing to $2.5 billion meanwhile, according to crypto data provider CoinGecko. For comparison, Tether’s USDT and Circle’s USDC are worth $71 billion and $167 billion, respectively.



Klemmer said USD1’s appeal isn’t limited to its technical capabilities, noting that some crypto users appreciate it in relation to the government’s shifting approach toward the industry.

“It stands for a change,” he said, in reference to USD1. “There’s a very large appetite of countries, sovereign wealth funds, and other larger bodies that see the opportunities that are presented with USD1 and relate to that.”

The token was tapped in May by Emirati state-owned investment firm MGX as its vehicle of choice for making a $2 billion investment in Binance, the world’s largest crypto exchange, which faced intense regulatory scrutiny under the previous White House administration.

U.S. Senator Elizabeth Warren (D-MA) was among lawmakers that slammed the setup as “shady,” claiming it’s a high-profile example of crypto-powered corruption. “If we don’t do it, China’s going to,” the president has said in defense of his broader crypto push.

So far, USD1 has been issued on Ethereum, BNB Chain, Tron, and Solana. The stablecoin has been adopted by some exchanges, including Coinbase and Binance, but he foresees everyday payments as a “more clear and pressing” use case for USD1 to solve.

World Liberty’s WLFI governance token, which has been limited to accredited investors since its debut, is scheduled to begin trading on Monday, as the token becomes transferable. Some analysts have warned of potential losses for retail investors, citing its high fully-diluted value.

Klemmer said Blockstreet is still waiting on a clear game plan for USD1’s rollout, but he said that he’s aware of some “very lofty goals” that the team behind World Liberty has.  

“It’s the fastest-growing stablecoin to date, and I think it will continue to be the fastest-climbing stablecoin of all time,” Klemmer said, “until it surpasses Tether and takes its place.”

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Crypto Trends

Trump-Backed World Liberty Gets Coinbase Approval With USD1 Stablecoin Listing

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In brief

  • Coinbase is listing the World Liberty Financial stablecoin, USD1.
  • World Liberty Financial is backed by President Donald Trump and its sons.
  • While a dollar-pegged stablecoin like USD1 won’t see a price jump from the listing, it could boost World Liberty’s visibility.

The USD1 stablecoin from World Liberty Financial—a crypto project backed by President Donald Trump and his sons—is now available for trading on Coinbase, the exchange announced on Thursday. 

America’s biggest crypto exchange announced the listing in a Thursday post on X. Eric Trump, the president’s son and World Liberty co-founder, then reposted it and said that more news related to the crypto project was coming “very soon.”

Decrypt reached out to WLF for comment but did not immediately receive a response.

Coinbase told Decrypt that it listed the coin because it “strives to bring to market the products and services our customers want.” American users can now access USDC, Tether’s USDT, USD1, PYUSD, USDS, PAX, and DAI stablecoins on Coinbase.

In March, Decrypt reported that World Liberty had launched its own stablecoin. A stablecoin is a digital token typically pegged to the value of the U.S. dollar, but sometimes other non-volatile assets like alternative fiat currencies or gold. 

Before listing USD1, Coinbase provided support for the two major stablecoins, USDT and USDC, and other smaller tokens. 

The announcement comes amid a wave of activity in the stablecoin market coinciding with the run-up to and passage of the GENIUS Act, which set guidelines for issuing and trading stablecoins in the U.S. In recent months, a number of major financial services companies and other entities have introduced stablecoin initiatives, or said they were exploring efforts in the space. 



Stablecoins are a key part of the crypto economy, because traders would use them to swiftly enter and exit digital asset transactions. Instead of using dollars on traditional banking rails, digital tokens accelerate the crypto trading process.

USD1 is planned to be usable on World Liberty Financial, a decentralized finance or DeFi platform announced in 2024. The Ethereum-based platform, which is being built with the Aave protocol, will provide crypto borrowing and lending services. However, it has yet to launch to the public.

In addition to the USD1 stablecoin, World Liberty has also launched its own native token, WLFI. That token is not currently tradable, though token holders voted in July to make it possible to buy and sell the Ethereum-based token.

Democratic lawmakers have called out World Liberty and its connection to President Trump, especially following the use of USD1 for a $2 billion investment from Abu Dhabi-based sovereign wealth fund MGX into leading crypto exchange Binance.

Even Republicans have suggested that Trump’s various crypto dealings—including World Liberty and his own personal Solana meme coin—have made it more difficult to advance crypto legislation in Washington.

However, the House and Senate ultimately passed the GENIUS Act stablecoin bill, which Trump signed into law in July.

Editor’s note: This story was updated with an expanded list of supported stablecoins on Coinbase.

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Trump-Backed Wlfi To Unlock 5% Of Tokens Worth $40B On Sept 1
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Trump-Backed WLFI to Unlock 5% of Tokens Worth $40B on Sept 1

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U.S. President Donald Trump’s family-backed DeFi project, World Liberty Financial (WLFI), is preparing for its first significant token unlock on September 1. The move comes just as perpetual futures for its WLFI token began trading on top exchanges, implying a market valuation of more than $40 billion.

Early Investor Unlocks and Market Debut

According to the project, early investors will receive access to 20% of their tokens purchased during two initial funding rounds. Those rounds were priced at $0.015 and $0.05 per token. The remaining 80% of investor allocations will remain locked until a future governance vote determines their release. 

Initial unlock (early supporters): 20% of WLFI purchased by each wallet in the $0.015 and $0.05 rounds will unlock. This directly rewards the earliest backers.

— WLFI (@worldlibertyfi) August 22, 2025

Overall, the September unlock will account for about 5% of the token’s total supply, while allocations for founders, advisors, and team members will stay locked.

To activate their holdings, investors will be required to use an on-chain “Lockbox” system beginning August 25. The project said most users are already approved to connect immediately, with only a few failing compliance checks.

Momentum has been building for World Liberty Financial in recent months. In July, WLFI token holders voted unanimously to make the Ethereum-based token tradable. Alongside its USD1 stablecoin push, the project is preparing a loyalty scheme for users and weighing a potential Coinbase listing.

The anticipation was reflected in the debut of perpetual futures tied to WLFI. On Saturday, Binance, Bybit, and OKX all listed contracts for the token, with prices hovering between $0.40 and $0.42 in early trading. Based on the project’s 100 billion total token supply, that translates to a fully diluted valuation of more than $40 billion.

If spot trading mirrors those levels after the unlock, the Trump family’s stake in the project would carry extraordinary value. Trump’s holding company, DT Marks DEFI LLC, controls 22.5 billion tokens, equivalent to more than $9 billion at current prices. The President personally holds 15.75 billion tokens, worth over $6 billion, more than doubling the net worth Forbes currently assigns him.

The project has not been without controversy. Trump’s large stake has drawn criticism from political opponents who warn of conflicts of interest. Democrats pushed for stricter guardrails in the GENIUS Act, the stablecoin legislation signed into law by Trump in July, but most of those proposals were left out of the final bill.

Also Read: Trump’s World Liberty Scoops Up $5M in Ethereum at $4,670





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