DWF Labs Invests $25 Million in Trump-Linked Firm, Stabilizes HIPPO Token

DWF Labs has provided a significant investment of $25 million USDC to World Liberty Financial (WLFI), a firm linked to former President Donald Trump. This strategic move signals DWF’s support for WLFI’s USD1 stablecoin and its potential role in market-making. Just hours prior, WLFI sent DWF Labs one million USD1 tokens, highlighting deeper collaboration between the two entities. 25 million USDC transfer follows a surge in interest for stablecoins, particularly USD-backed tokens. This move reflects the growing confidence in dollar-backed crypto assets and their potential impact on the market.