Stablecoin Project Falcon Finance said it has secured a $10 million strategic investment from World Liberty Financial (WLFI), a distributed financial (DEFI) platform with links to the family of US President Donald Trump.
The funding supports technical integration that enables liquidity between USDF, Falcon synthetic dollars and WLFI’s USD1 Stablecoin, according to an announcement released in email.
This investment comes when Falcon Finance surpasses its $1 billion in circulation supply after its public debut.
Falcon’s risk-adjusted synthetic dollar protocol contrasts with WLFI’s fully reserved USD1. The difference means that two projects can provide a complementary means of generating yield through dollar equipment in chains.
According to the announcement, USD1 is already being used as collateral within Falcon.
“By combining Falcon models with fiatback designs, we are creating a more resilient and flexible digital dollar ecosystem for global users,” said Zak Folkman, co-founder of WLFI.
Read more: Trump-linked WLFI partners and Vaulta and partners after purchasing $6 million tokens