World Liberty Financial Proposes Using Treasury to Boost USD1 Adoption
World Liberty Financial proposed using under 5% of its WLFI treasury to fund incentives for USD1 stablecoin adoption.Summary
World Liberty Financial introduced a governance proposal to allocate less than 5% of its unlocked WLFI token supply to fund incentive programs aimed at accelerating the adoption of its affiliated stablecoin, USD1. The goal is to secure partnerships across the crypto sector to increase the usage of the dollar-pegged asset, which the project argues will expand the footprint and utility of the WLFI network.
USD1 has achieved a $3.2 billion market capitalization in about six months, ranking it as the seventh-largest stablecoin. World Liberty Financial intends to mirror aggressive market strategies, such as Binance's promotional yields, by using its own treasury to finance yield-bearing partnerships.
Despite the proposal's aims to close the competitive gap with rival stablecoins, it has faced early opposition, with preliminary data showing 67.7% of voters against the measure as of Sunday afternoon. The voting period is set to end on January 4, 2026.
(Source：BeInCrypto)