StableCOin Project Falcon Finance said it ensured a $ 10 million strategic investment from World Liberty Financial (WLFI), the decentralized funding (DEFI) platform with links to US President Donald Trump’s family.
The funding supports technical integrations that enable liquidity between USDF, Falcon’s synthetic dollar and WLFI’s USD1 stableecoin, according to an E email message.
The investment is coming as Falcon Finance surpasses $ 1 billion in circulating supply after his public debut.
Falcon’s risk-adjusted synthetic dollar protocol contrasts with WLFI’s fully reserved USD 1, which can be redeemed 1: 1 for US dollars and supported by money market funds and money. The difference means that the two projects could offer complementary means to generate dividends through instruments on the chain Dollar.
USD 1 is already used as security in Falcon, according to the message.
“By combining Falcon’s model with our Fiat-supported design, we build a more elastic and flexible digital dollar ecosystem for global users,” said Zak Folkman, WLFI co-founder.
Read more: Trump-linked WLFI partners with Vaulta after $ 6 million token buy
