WLFI Invests $10M in Falcon Finance to Enhance On-Chain Dollar Liquidity
Falcon Finance, a stablecoin project, has secured a $10 million strategic investment from World Liberty Financial (WLFI), a DeFi platform with ties to former U.S. President Donald Trump's family. The funding aims to bolster technical integrations between Falcon's synthetic dollar (USDf) and WLFI's fully reserved stablecoin (USD1), creating a more robust on-chain dollar ecosystem.
The investment follows Falcon Finance's milestone of surpassing $1 billion in circulating supply post its public launch. The collaboration leverages Falcon's risk-adjusted synthetic dollar protocol and WLFI's 1:1 fiat-backed USD1, offering complementary yield-generation opportunities for users.
USD1 is already being used as collateral within Falcon's ecosystem, signaling early synergy. "By merging Falcon's innovation with our fiat-backed design, we're crafting a resilient digital dollar framework for global adoption," said Zak Folkman, WLFI co-founder.