WLFI Invests $10M in Falcon Finance to Boost On-Chain Dollar Liquidity
Falcon Finance 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 enhance liquidity between Falcon's synthetic dollar, USDf, and WLFI's fully reserved USD1 stablecoin.
The collaboration comes as Falcon Finance surpasses $1 billion in circulating supply post its public launch. The partnership leverages Falcon's risk-adjusted synthetic dollar protocol alongside WLFI's fiat-backed USD1, creating complementary yield opportunities in the on-chain dollar market.
"By combining Falcon's model with our fiat-backed design, we're building a more resilient and flexible digital dollar ecosystem for global users," said Zak Folkman, WLFI co-founder. USD1 is already being used as collateral within Falcon's ecosystem.