Trump-Backed World Liberty Launches a WLFI Buyback as Democrats Circle

World Liberty Financial says it will buy back its own WLFI token with fees from its USD1 stablecoin, three days after House Democrats named the Trump family firm a likely first target of their investigations. The firm said it plans to fund the buybacks “with an initial allocation that may include fees earned from USD1 reserves and other sources,” with no further dollar figure, schedule or burn commitment being provided. Projects such as Hyperliquid and Pump.fun already use platform fees to buy back their own tokens, but what sets WLFI’s version apart is the source, i.e. interest earned on the Treasury bills and cash backing a dollar stablecoin (which would normally go to the issuer’s shareholders but is now getting recycled into the governance token).

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