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Velo Partners with World Liberty Financial to Integrate USD1 into PayFi Ecosystem

Cryptonite UAE

Velo, a prominent PayFi infrastructure protocol, has announced a strategic partnership with World Liberty Financial (WLFI) to incorporate the USD1 stablecoin into its global financial network. This collaboration is set to transform cross-border payments and digital asset settlements by combining Velo’s high-speed liquidity rails with the institutional-grade stability of USD1. The partnership centers on Velo’s … Read more

World Liberty Financial Proposes $120M Treasury Spend to Boost USD1 Stablecoin

Cryptonite UAE

The Trump-backed crypto project, World Liberty Financial (WLF), has submitted a governance proposal to deploy 5% of its WLFI token treasury to aggressively expand the reach of its stablecoin, USD1. The move is designed to help the project gain ground in a saturated market currently dominated by giants like Tether and Circle. Strategy for Expansion … Read more

World Liberty Financial Executes Emergency Token Burn to Secure $22M from Compromised Wallets

Cryptonite UAE

World Liberty Financial (WLFI) recently utilized an emergency function within its smart contract to safeguard 166.667 million WLFI tokens, valued at $22.14 million, that were held in compromised addresses. The Action: WLFI executed a pre-designed smart contract function that burned the tokens from the compromised wallets. The tokens were then reallocated to secure recovery wallets. … Read more

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