WLFI Secures $10 Million Investment in Falcon Finance for Liquidity Enhancement
Stablecoin project Falcon Finance announced a $10 million strategic investment from World Liberty Financial (WLFI). This funding will enhance liquidity between Falcon's synthetic dollar, USDf, and WLFI's USD1 stablecoin.
Key points:
- The investment supports technical integrations for liquidity between the two stablecoins.
- Falcon Finance has surpassed $1 billion in circulating supply post-launch.
- Falcon’s risk-adjusted synthetic dollar contrasts with WLFI’s fully reserved USD1, redeemable 1:1 for U.S. dollars.
- USD1 is being used as collateral within the Falcon ecosystem.
- WLFI co-founder Zak Folkman stated this collaboration aims to create a resilient digital dollar ecosystem.