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Benzinga
Benzinga
Business
Murtuza J Merchant

$10 Million For A Synthetic Dollar: What's Behind Trump-Backed World Liberty Financial's Stablecoin Plans?

Bitcoin,Trump

World Liberty Financial, a decentralized finance platform associated with President Donald Trump, has invested $10 million in Falcon Finance to advance its USDf stablecoin, a synthetic dollar protocol aimed at enhancing onchain liquidity.

What Happened: The investment, announced today, will support Falcon's technical integrations, including shared liquidity provisioning, multi-chain compatibility, and smart contract modules for seamless conversions between USDf and World Liberty's USD1 stablecoin.

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