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World Liberty Financial launches WLFI token buyback amid political scrutiny and shrinking stablecoin supply.

Protocol Fundamentals
06 Nov 2026, 14:30 WIB
Bitcoin
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Bearish
World Liberty Financial launches WLFI token buyback amid political scrutiny and shrinking stablecoin supply.

World Liberty Financial announced a new buyback program for its WLFI token, funded partly by fees from its USD1 stablecoin reserves, as the stablecoin's supply has dropped from $5.39 billion in February to about $3.63 billion. This move comes amid increasing political pressure, with House Democrats targeting the Trump-backed firm for investigations starting as early as February 2027. The buyback aims to strengthen the WLFI ecosystem and governance despite a shrinking reserve income. Additionally, World Liberty faces legal challenges from Tron founder Justin Sun seeking sanctions against the company.

World Liberty Financial's WLFI token trades at Rp848 on Pluang as of Nov 06, 2026 19:52 WIB, showing a 3.44% gain in the past day. The token's market cap stands at Rp26.97 trillion, reflecting significant investor interest despite political and legal challenges. Trading volume reached Rp2.11 trillion in 24 hours, with an equal split between buyers and sellers and a typical holding period of 32 days.

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