World Liberty's WLFI Buyback Could Draw on Stablecoin Reserve Income

Trump-backed World Liberty Financial launched a buyback for its WLFI governance token on Thursday. Initial funding could include income from reserves backing its USD1 stablecoin. WLFI has dropped about 10% since the US midterms and more than 60% this year, Reuters reported. Holders now depend on support that may come partly from stablecoin reserve income. What Does the WLFI Buyback Say About USD1? World Liberty framed the program as a way to deepen governance participation, giving long-term holders more voting weight. It intends buybacks to become a standing part of its strategy, according to Reuters . Because the program targets long-term holders, it may also shift governance influence away from shorter-term traders. The initial allocation could include revenue from reserves backing USD1, the company’s dollar-pegged stablecoin, plus other sources.

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