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International Business Times

Business

Marvie Basilan

Trump-Backed WLFI Spends Millions In $USDC To Buy $wBTC, $MOVE, Taps Into Staking

WLFI Move USDC Eric Trump United States Barron Trump Crypto Donald Trump Bitcoin DOGE

WLFI's gold paper (Credit: WLFI Gold Paper / Screenshot)

KEY POINTS

WLFI swapped nearly $6 million $ETH for $stETH and sent the coins for staking with Lido Finance
The DeFi project spent $5 million $USDC to buy 52 Wrapped Bitcoin
WLFI has had to clarify its crypto holdings activity in recent weeks amid concerns of "selling"

World Liberty Financial (WLFI), the DeFi project promoted by U.S. President Donald Trump, spent millions in USDC stablecoins to buy Wrapped Bitcoin (wBTC) and Movement (MOVE) tokens, on-chain data revealed.

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Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

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Colombia's president offers support to veterans extradited to US over Haitian leader's killing

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Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

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Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

Colombia's president offers support to veterans extradited to US over Haitian leader's killing

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