Overview
- The proposal would deploy up to 5% of WLFI’s treasury, estimated at about $120 million, for targeted partnerships, liquidity programs and other incentives tied to USD1 adoption, with all deployments publicly disclosed.
- Governance is open with options to approve, reject or abstain, and early community feedback is mixed with votes against slightly outnumbering those in favor, according to forum tallies reported by CoinCentral.
- USD1, launched in March, has grown to roughly $2.74–$3 billion in market value and ranks among the largest dollar‑pegged tokens after integrations across multiple chains and listings that include Binance.
- Recent ecosystem moves include a $10 million WLFI buyback executed using USD1 and reported market‑maker support from DWF Labs, alongside Cantor Network’s stated plans to deploy USD1.
- The effort unfolds under heightened scrutiny tied to Trump family associations and questions about reserve transparency, including criticism that no public reserve report has been posted since July.