
World Liberty Financial increased USD1 net circulation by 22 million after minting 25 million and burning 3 million, following a previously disclosed $25 million loan repayment tied to DeFi lending pool stress.
World Liberty Financial minted 25 million USD1 and burned 3 million through TokenGovernor, raising net USD1 circulation by 22 million. The new issuance matched a previously disclosed $25 million loan repayment amount. According to the new report, WLFI had borrowed stablecoins on Dolomite using governance tokens as collateral, a position that pushed USD1 pool utilization close to 100% and affected withdrawals. The update adds detail to the earlier disclosure that the venture had reduced debt linked to blocked depositor access in a DeFi lending pool.