The WLFI team announced that it will begin implementing the initiative this week, with all operations to be published openly after execution.
Additionally, it became known that WLFI is now available for trading on Robinhood. The company reported the listing in its account, noting that the asset can now be bought and sold through Robinhood Crypto.
Project Background: Stablecoin, Market Conditions, and Ties to Trump
Previously, WLFI launched the USD1 stablecoin, backed by the US dollar. The new instrument was presented as part of a strategy to build a sustainable DeFi infrastructure. In August, ALT5 Sigma announced plans to raise $1,5 billion to form a crypto reserve in connection with WLFI.
In September, open interest in WLFI reached $950 million ahead of a partial unlock, signaling speculative demand. However, the WLFI price was already under pressure at that point, with many investors realizing losses. According to market data, the token was barely holding from further decline.
According to CoinMarketCap, at the time of writing WLFI is trading below $0.20, down 58% from its all-time high.
The WLFI project remains closely linked to the circle of US President Donald Trump. Back in May, the US Senate initiated an inquiry into crypto investments associated with the Trump family, following reports of significant investor losses.
Against this backdrop, critics point out that aggressive moves such as full redistribution of fees toward burns and buybacks reflect an attempt by the project’s team to stabilize the price.
Thus, the initiative has become a logical continuation of WLFI’s strategy, where revenues are reinvested into the ecosystem. But under current market pressure and growing political scrutiny, the move looks not only like a tool to support the project’s economy but also a forced measure to maintain investor confidence.
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