Apr 10, 2026
Trump-Backed World Liberty Financial Uses 5 Billion WLFI Tokens to Borrow $75 Million on DeFi Platform
World Liberty Financial deposited 5 billion of its own WLFI tokens as collateral on Dolomite to borrow $75 million in stablecoins, which were then sent to Coinbase Prime. The move pushed the lending pool to 100% utilization and triggered a 12% token price drop to record lows.
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