<div id="readability-page-1"><div><ul><li>World Liberty Financial minted 25 million USD1 stablecoins and burned 3 million on Monday, resulting in a net $22 million increase in USD1 circulation as it manages fallout from its Dolomite lending position.</li><li>The moves follow the firm's claim that it has repaid $25 million of the roughly $75 million it borrowed against its own governance token, a strategy that had pushed Dolomite's USD1 lending pool to near-100% utilization and trapped other depositors.</li><li>While the mint was funded via BitGo Custody and the burn permanently removed tokens from circulation, World Liberty Financial has not disclosed why 3 million USD1 were retired or how the newly created tokens will be used.</li></ul></div></div>

ETHE

RIOT

BTDR

<p>World Liberty Financial minted $25 million in USD1 stablecoins and burned $3 million, resulting in a net increase of $22 million in circulation. This follows the firm's repayment of $25 million of the $75 million borrowed against its governance token, which had impacted Dolomite's USD1 lending pool. The minting was funded by BitGo Custody, but the reasons for the token burn and the use of newly created tokens remain undisclosed.</p>

- World Liberty Financial minted 25 million USD1 stablecoins and burned 3 million, resulting in a net increase of 22 million in USD1 circulation while addressing issues related to its Dolomite lending position.  
- The firm claimed to have repaid 25 million of the approximately 75 million borrowed against its governance token, which caused Dolomite's USD1 lending pool to nearly reach full utilization, affecting other depositors.  
- The reason for the retirement of the 3 million USD1 tokens and the intended use of the newly minted tokens have not been disclosed by World Liberty Financial.

coindesk

Grayscale Ethereum Staking ETF

Riot Platforms

Bitdeer Tech

Bitfarms Canada

BTCS

Grayscale Bitcoin Trust BTC - ETF

Circle

Galaxy Digital

Hut 8 Mining

American Bitcoin

Mara

Coinbase

Bit Digital

Valkyrie Bitcoin and Ether Strategy ETF

WisdomTree Bitcoin Fund

Bitwise Bitcoin ETF

iShares Bitcoin Trust ETF

Proshares Ether Strategy ETF

IShares Ethereum Trust ETF

21Shares Ethereum ETF

Franklin Ethereum ETF

2x Ether Strategy ETF

ProShares Bitcoin Strategy ETF

Amplify Transform Data Sharing ETF

Invesco Galaxy Bitcoin ETF

Bitwise Ethereum ETF

Bitwise Solana Staking ETF

CoinShares Bitcoin ETF

Fidelity Ethereum Fund

Franklin Bitcoin ETF

Invesco Galaxy Ethereum ETF

Fidelity Wise Origin Bitcoin Fund - ETF

VanEck Bitcoin ETF

VanEck Ethereum ETF

Grayscale Ethereum Mini Staking ETF

ARK 21Shares Bitcoin ETF

WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim