The Stablecoin Falcon Finance project said it obtained a strategic investment of $ 10 million of World Liberty Financial (WLFI), the Decentralized Finance Platform (DEFI) with links with the family of the president of the United States, Donald Trump.
The financing will support technical integrations that allow liquidity between USDF, the Falcon Synthetic dollar and the USD1 Stablecoin of WLFI, according to an announcement sent by email.
The investment occurs when Falcon Finance exceeds $ 1 billion in circulating supply after its public debut.
The synthetic dollar protocol adjusted by Falcon Risk contrasts with the fully reserved USD1 of WLFI, which can be redeemed 1: 1 for US dollars and supported by monetary market funds and cash equivalents. The difference means that the two projects could offer complementary means to generate yield through dollar instruments in the chain.
The USD1 is already being used as a guarantee within Falcon, according to the announcement.
“When combining the Falcon model with our design backed by Fiat, we are building a more resistant and more flexible digital dollar ecosystem for global users,” said Zak Folkman, co -founder of WLFI.
Read more: WLFI linked Trump with vault after $ 6 million tokens purchase
