World Liberty Utilizes DeFi to Mint $2.05 Million in Stablecoins

Trump’s World Liberty wallet has deposited a significant amount of cryptocurrency assets into Falcon Finance, aiming to mint USDf stablecoins. This move showcases the growing adoption of decentralized finance (DeFi) protocols by high-profile entities looking for liquidity solutions. The wallet sent 103,911 AVAX ($2.06M), 5.98 million SEI ($1.17M), and 7.58 million MOVE (~$1.28M) totaling approximately $4.5 million in digital assets. These were then used as collateral to mint $2.05 million worth of USDf, a stablecoin linked to the Falcon Finance ecosystem.