The Stablecoin Falcon Finance project said it had obtained a strategic investment of $ 10 million in World Liberty Financial (WLFI), the decentralized financing platform (DEFI) with links with the family of US President Donald Trump.
The funding will support technical integrations that allow liquidity between the USDF, the Synthetic Dollar of Falcon and the Stablecoin of WLFI, according to an announcement by e-mail.
The investment comes when Falcon finance exceeds $ 1 billion in circulation after its public debut.
The synthetic protocol adjusted to the risk of Falcon contrasts with the fully reserved WLFI USD, which is exchangeable 1: 1 for American dollars and supported by money market funds and cash equivalents. The difference means that the two projects could offer additional means to generate a return via chain dollars instruments.
USD1 is already used as a guarantee within Falcon, according to the ad.
“By combining the Falcon model with our design supported by Fiat, we are building a more resilient and more flexible dollar ecosystem for global users,” said Zak Folkman, co-founder of WLFI.
Read more: WLFI linked to Trump is associated with Vaulta after $ 6 million
