$WLFI is down 66% this year, and World Liberty just pulled out the buyback lever again.
Here's what happened: World Liberty Financial says it plans more ongoing
$WLFI buybacks, partly funded by fees earned on the reserves backing its USD1 stablecoin. The stated goal is to boost governance participation and put more voting power with long-term holders.
The market reaction so far is modest. CoinDesk had
$WLFI around $0.047, up roughly 3.5% since midnight UTC, but still about 10% lower since Tuesday's midterm elections.
$TRUMP also printed a record low this week, so the whole Trump-linked basket is under pressure.
Context matters here. This isn't their first attempt: back in April they disclosed $65.6M in open-market buybacks over the prior six months, and the chart kept bleeding anyway. There's also an open legal fight, with Justin Sun asking a court to sanction World Liberty over roughly 4 billion frozen WLFI tokens.
What I'm watching:
- Whether they publish buyback size and on-chain wallets, not just intent
- USD1 supply growth, since that's what funds the fees
- How
$WLFI holds up if
$BTC loses the $74K–$75K liquidity zone
Buybacks funded by real stablecoin revenue are a stronger story than treasury dumps. But can buybacks alone fix a token that's lost two-thirds of its value in a year?
#WLFI #Buyback #CryptoNews