Stacy Pereira
- World Liberty Financial mints $205 million worth of USD1 stablecoin, representing roughly 9% of its total supply
- The announcement came merely hours after Fed Governor Christopher Waller delivered a pro-stablecoin address at the Wyoming Blockchain Summit.
- The mint propelled WLFI’s treasury assets to an all-time high of $548 million.
Trump family–backed DeFi venture, World Liberty Financial (WLFI), has minted $205 million worth of its USD1 stablecoin on August 20, 2025. This amounts to approximately 9 percent of the total supply. The additional $205 million raises its circulating supply to a record $2.4 billion, boosting both treasury holdings and total token circulation.
Interestingly, WLFI announced its mint merely hours after Federal Reserve Governor Christopher Waller delivered a pro-stablecoin address at the Wyoming Blockchain Summit. Waller, who is reportedly a top pick for the next chair of the Federal Reserve, has long been a supporter of the industry and stablecoins.
Governor Waller’s speech highlighted the growing importance of stablecoins in the digital economy. He emphasized their potential to reinforce the international role of the U.S. dollar and to streamline both retail and cross-border payments. He did touch upon the significance of the GENIUS Act and how the new regulation is a sign of U.S. market maturity.
The mint also propelled WLFI’s treasury assets to an all-time high of $548 million, with USD1 representing a dominant 39% share of its holdings. In the recent past, WLFI has attracted substantial capital, including reported foreign and institutional investors.
USD1 was launched in March 2025, and is backed by U.S. Treasuries, fiat reserves, and cash equivalents. It is designed to maintain a steady $1 peg and compete with established players like USDT and USDC. Before the new minting surge, USD1’s circulating supply stood at around $2.2 billion and is built to operate on multiple chains like Ethereum and BNB Chain.
Many critics have questioned the timing of the mint, having happened to close to the Fed Governors’ remarks. In the past, too, concerns were raised about the strategic and opportunistic responses of Trump-back organisations.
