World Liberty Financial's WLFI Gains Attention as Potential Treasury Asset: Findings

World Liberty Financial, a DeFi project associated with Donald Trump, is gaining attention as its native token, WLFI, is being considered by public companies as a treasury asset, according to a recent report. The announcement was made by co-founder Zak Folkman at the Permissionless conference, where he also announced the release of their new app. Folkman praised Strategy’s Executive Chairman, Michael Saylor, for promoting the use of crypto for corporate reserves.

The company's USD1 stablecoin, with a market value of $2.1 billion, is expected to soon become the highest-capped stablecoin in the market. This surge in interest is due to the passing of the GENIUS Act, a legislation that provides a full regulatory structure for stablecoin issuers in the U.S. The project, which recently revealed plans to make its native cryptocurrency tradable, counts Tron founder Justin Sun as its single-largest investor.