
World Liberty Financial minted 25 million USD1 stablecoins Monday and burned 3 million through its TokenGovernor contract, increasing circulation by $22 million. The activity follows WLFI's claim of repaying $25 million against roughly $75 million borrowed. The venture had deposited billions of WLFI tokens as collateral on DeFi protocol Dolomite, pushing its lending pool to near-100% utilization. WLFI's governance token fell 15% since initial reporting.