World Liberty Financial
WLFICrypto Lending Platform
News Heat Trend
Project Overview
World Liberty Financial is a DeFi project supported by the Donald Trump family. Its mission is to "make cryptocurrencies and America great by promoting the mass adoption of stablecoins and decentralized finance". World Liberty Financial will first be launched as a market for cryptocurrency lending using Aave infrastructure, and will launch its governance token WLFI and stablecoin USD1. Unlike other governance tokens such as UNI and MKR, WLFI does not provide economic rights.
TownSquare Announces Official Opening of Sonar New Subscription, 20% Allocation Raised Within 30 Minutes
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
AIFC: 3.3 Billion WLFI to Be Used for Collateral and Lending, 3.5 Billion WLFI Fully Transferable on August 12
WLFI treasury company AI Financial Corporation has disclosed that the company currently holds WLFI tokens worth approximately $380 million, of which about half can be used for collateral, staking, or lending transactions.According to the Form 8-K filed today, 3,321,690,994 WLFI (worth approximately $180 million) are immediately available, and these tokens are expected to be fully transferable by August 12, 2026. The remaining 3,583,585,650 WLFI are subject to a 12-month contractual lock-up and will also unlock on the same date. The above valuations are based on a WLFI price of $0.055 (as of 19:00 Eastern Time Monday).CEO Tony Isaac emphasized that the availability of usable tokens does not mean the company intends to sell them; WLFI is viewed as a strategic asset to optimize the balance sheet and support the company's liquidity. He stated that the availability of these tokens helps alleviate the going concern uncertainty disclosed in the recent Form 10-Q, and the company expects to have sufficient funds to maintain operations and fulfill its obligations for at least the next 12 months.AI Financial describes itself as a fintech company, providing blockchain-based payment, trading, and settlement infrastructure with cumulative transaction volume exceeding $8 billion. The company has a market capitalization of approximately $94.91 million, and its stock price has fallen 93% over the past year to $0.68, with liquidity challenges persisting. (Investing)
TownSquare Closes $16.25M in Total Funding to Accelerate Institutional Yield Adoption for USD1 and RWAs
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced the completion of its new Pre-A round of funding, bringing its total funding to $16.25 million. This capital will be used to accelerate the institutional adoption of USD1 and other RWA assets on World Liberty Financial.
WLFI Treasury Company AI Financial reported a net loss of $271.5 million for the first quarter, raising substantial doubt about its ability to continue as a going concern over the next year.
According to The Block, WLFI treasury company AI Financial released its financial results for the quarter ended March 28, 2026, reporting a net loss of $271.5 million, compared to a net loss of $2.4 million in the same period last year; the company stated that its financial condition raises substantial doubt about its ability to continue as a going concern over the next year. Revenue for the same period totaled $4.7 million, entirely derived from its crypto payment fintech business. AI Financial holds 7.28 billion WLFI tokens, with a fair value of approximately $706 million—markedly down from over $1 billion at the end of December 2025—and recognized an unrealized loss of $348.3 million. The company also noted that certain WLFI tokens are subject to lock-up restrictions, and its liquidity improvement, revenue growth, and ability to secure future financing will impact its continued operations.
TownSquare Announces $100 Million USD1 Stablecoin Liquidity Program
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
Democratic Senator: WLFI enriches itself at the expense of ordinary investors.
U.S. Democratic Senator Elizabeth Warren posted a comment on X regarding the recent controversies surrounding World Liberty Financial (WLFI). She stated, “While this crypto project backed by the Trump family—WLFI—is quietly cashing out, ordinary investors are left stranded.” Warren shared Bloomberg’s recent report on WLFI’s fund flows, which revealed that most of the proceeds raised through fundraising and private token sales have flowed to entities affiliated with the project’s founders. The project team sets governance rules, controls token issuance, and captures revenues—while investors have virtually no exit options.
"Clarity Act" Legislation Hits Stalemate, Bipartisan Senators Submit New Ethics Compromise Proposal to the White House
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Trump to Meet with Lawmakers on CLARITY Act Ethics Provisions
Odaily President Trump will meet on Thursday with Republican Senators Bernie Moreno and Cynthia Lummis, along with White House crypto policy advisor Patrick Witt and White House Chief of Staff Susie Wiles, to focus on the ethics provisions in the CLARITY Act. These provisions are considered one of the main obstacles to advancing the crypto market structure bill.Kristin Smith, President of the Solana Policy Institute, stated, "The purpose of the meeting is to present some proposals on the ethics issue to Trump and hope to gain his support. I believe this is a very positive signal." She described the meeting as crucial for pushing the CLARITY Act through.Earlier, it was disclosed that Trump family-backed World Liberty Financial had received hundreds of millions of dollars in crypto-related revenue, raising concerns among Democrats about potential conflicts of interest. (The Block)
U.S. Treasury Secretary: President’s Nearly $1.4 Billion in Crypto Revenue Poses No Issue
U.S. Treasury Secretary Scott Bessent stated in an interview with CBS News that the recently disclosed revenue of approximately $1.4 billion earned by President Donald Trump through crypto projects poses no problem for the president. The financial disclosure shows that since the start of his second term, Trump has earned around $1.4 billion from crypto ventures, including the TRUMP meme coin and World Liberty Financial.Congressional Democrats have criticized this, arguing that there is a conflict of interest given that the current administration is seeking to ease cryptocurrency regulations. White House spokesperson Anna Kelly responded by stating that the disclosure reveals no conflict of interest. Additionally, Bessent expressed optimism about the U.S. economic outlook and noted that over 6 million Trump Accounts have been opened, a project aimed at helping minors invest in the stock market to improve financial literacy. (cbsnews)
Trump’s Financial Disclosures Fuel Crypto Ethics Controversy; Democrats Demand Inclusion of Restrictive Clauses
U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.
Trump family crypto venture WLFI faces U.S. Senate scrutiny over $500 million UAE investment
five Democratic senators urged a Republican committee chairman on Tuesday to immediately hold hearings to investigate a report that the UAE invested $500 million in the Trump family's crypto venture, World Liberty Financial.According to reports, an aide to the Abu Dhabi royal family signed an agreement four days before Trump's inauguration last year to purchase a 49% stake in World Liberty Financial for $500 million. An advance payment of $218 million has been made to entities linked to Trump and his Middle East diplomat, Steve Witkoff, and their families. The senators confirmed that the backer is UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan.Since Trump took office in January 2025, his administration has approved several deals favorable to the UAE, including a $1.4 billion weapons sale in May 2025 and authorization in November to sell 35,000 advanced AI chips worth over $1 billion to UAE-based G42. (financefeeds)
美参院民主党人吁调查特朗普家族加密交易
美国参议院民主党人敦促就特朗普家族加密公司 World Liberty Financial 与阿联酋达成的 5 亿美元投资协议举行听证会，质疑交易或影响国家安全决策。
"Clarity Act" Legislation Hits Stalemate, Bipartisan Senators Submit New Ethics Compromise Proposal to the White House
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Stablecoin market sees $12.413 billion outflow in 62 days, USDT market cap still exceeds $184 billion
Odaily News According to Defillama data, the stablecoin market has experienced an outflow of $12.413 billion in the 62 days since May 17, 2026, with $1.555 billion flowing out since July 11, marking one of the largest contractions in over four years. As of July 18, Tether's USDT market cap stood at $184.055 billion, while Circle's USDC market cap was $73.376 billion. Over the past week, USDT decreased by 0.06%, and USDC decreased by 0.04%. Sky's USDS market cap was $6.66 billion, declining by 12.30% over the past week, making it the worst performer among the top ten stablecoins.World Liberty Financial's USD1 fell by 4.59%, while Sky's DAI decreased by 0.43%. Global Dollar's USDG rose by 9.08% over the past week, reaching a market cap of $3.164 billion, the highest gain among the top ten stablecoins. PayPal's PYUSD increased by 1.60% to $2.877 billion, while Circle's USYC and BlackRock's BUIDL decreased by 3.64% and 8.68%, respectively.
WLFI Treasury Address Transferred 170 Million WLFI to Binance, Worth $10.22 Million
: According to on-chain analyst EmberCN's monitoring, 20 minutes ago, the WLFI treasury address transferred 170 million WLFI to Binance, worth $10.22 million. This transfer is expected to be the interest payment for the seventh month of USD1 financial management. The sixth month's USD1 financial management activity expired on the 10th. Over the past 7 months, WLFI has spent 1.37 billion WLFI on Binance's USD1 financial management activities, worth $127 million.
WLFI team deposits another 177 million tokens into Binance, worth $9.73 million
Odaily reports, according to onchain analyst Ai Yi's monitoring, the WLFI team (0xFef...b14B) has once again deposited 177 million tokens, worth $9.73 million, into Binance; Binance USD1 staking and wealth management activities will be renewed again.
WLFI Unlock Progress Reaches 73.8%; Team Has Burned 3.2 Billion Tokens
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the WLFI unlock activation portal has been open for two weeks. So far, 45.9 billion $WLFI tokens have been transferred into the unlock contract, representing 73.8% of the total unlock schedule, with a total value of $2.81 billion. The WLFI team and related stakeholders have burned 3.2 billion WLFI tokens, valued at $194 million.
Analysis: Bitcoin hovers near $76,800; market eyes whether the monthly closing price can hold the key support level.
According to CoinDesk, Bitcoin held steady near $76,800 on Tuesday, while Ethereum edged down 0.1%. Major altcoins continued weakening following Monday’s sell-off. Traders are closely watching Bitcoin’s monthly close above $76,000—Tom Lee, Chairman of Bitmine, previously stated that a monthly close above this level would confirm a bull market. The WLFI token fell 3.3% after its treasury firm, AI Financial, warned it may not remain solvent through year-end; the token has declined roughly 77% since its September launch. CoinMarketCap’s “Altcoin Season” index retreated to 33/100 after briefly surpassing 50/100 last week. In the derivatives market, total futures notional trading volume rose from $159 billion to $201 billion, open interest remained around $126 billion, and liquidations dropped from over $600 million to $294 million—indicating an orderly market adjustment rather than forced deleveraging. Ethereum’s 30-day implied volatility hit a year-to-date low, while the Bitcoin Volatility Index held near its low of ~40%, suggesting the current sell-off is relatively orderly.
Trump’s Financial Disclosures Fuel Crypto Ethics Controversy; Democrats Demand Inclusion of Restrictive Clauses
U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.
Major Security Vulnerability Found in AI Agent Crypto Payment Infrastructure; LLM Router Leads to $500,000 Wallet Theft
According to CoinDesk, researchers from the University of California, Santa Barbara; the University of California, San Diego; blockchain security firm Fuzzland; and World Liberty Financial jointly published a paper warning that “LLM routers”—intermediary services positioned between users and AI models—have become a major threat to cryptocurrency asset security. The researchers discovered that 26 LLM routers are secretly injecting malicious tool calls and stealing user credentials, with one incident resulting in the complete draining of a customer’s cryptocurrency wallet worth $500,000. Additionally, by “poisoning” the router ecosystem, the researchers were able to gain control of approximately 400 downstream hosts within hours. Since sensitive data—including private keys and API credentials—is frequently transmitted in plaintext through these routers, users unknowingly expose their assets to risk. The researchers note that as McKinsey forecasts AI agents will mediate $3–5 trillion in global consumer commerce by 2030—and Binance founder Changpeng Zhao predicts AI agents’ payment volume will be one million times greater than that of humans—the current infrastructure’s security lags far behind the pace of industry development. The “weakest link” risk could thus trigger systemic, cascading crises.
"Clarity Act" Legislation Hits Stalemate, Bipartisan Senators Submit New Ethics Compromise Proposal to the White House
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Gate Launches USD1 Staking to Earn Rewards, Offering Up to 8% APY on USD1 Holdings
according to official sources, Gate launched the USD1 Staking to Earn Rewards financial product starting at 00:00 (UTC+8) on July 29. During the event, users can earn rewards by holding USD1 in their asset accounts. The minimum holding requirement is 1 USD1, and users can enjoy a maximum annualized yield of 8%. Rewards will be distributed daily to eligible users in the form of WLFI. The annualized yield will be dynamically adjusted daily based on the remaining reward budget and the platform's total effective USD1 holdings, and will be updated around 14:00 (UTC+8) each day. Additionally, the on-chain staking reference APY for USD1 is currently 6.89%, offering users diversified yield options.
Bybit Launches USD1 Ecosystem Incentive Program, Total Prize Pool 2 Million WLFI
It is reported that Bybit recently launched the USD1 Ecosystem Incentive Program. The event runs from July 24 to August 2, with a total prize pool of 2 million WLFI. During the event, users can participate in the reward distribution by trading designated USD1 trading pairs.
TownSquare Announces Official Opening of Sonar New Subscription, 20% Allocation Raised Within 30 Minutes
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
Trump to Meet with Lawmakers on CLARITY Act Ethics Provisions
Odaily President Trump will meet on Thursday with Republican Senators Bernie Moreno and Cynthia Lummis, along with White House crypto policy advisor Patrick Witt and White House Chief of Staff Susie Wiles, to focus on the ethics provisions in the CLARITY Act. These provisions are considered one of the main obstacles to advancing the crypto market structure bill.Kristin Smith, President of the Solana Policy Institute, stated, "The purpose of the meeting is to present some proposals on the ethics issue to Trump and hope to gain his support. I believe this is a very positive signal." She described the meeting as crucial for pushing the CLARITY Act through.Earlier, it was disclosed that Trump family-backed World Liberty Financial had received hundreds of millions of dollars in crypto-related revenue, raising concerns among Democrats about potential conflicts of interest. (The Block)
Nearly 990,000 TRUMP buyers suffer $3.81 billion in losses
As of the end of June, 988,905 buyers of the Donald Trump-branded TRUMP Meme coin had collectively incurred losses of $3.81 billion, accounting for about two-thirds of all buyers. Nansen data shows that Donald Trump earned $636 million from the Meme coin; advanced crypto traders using automated tools profited $4 billion before TRUMP dropped 97%.On July 3, TRUMP was priced at $1.76, down 97% from its peak of $75.35. Donald Trump's annual financial disclosure indicates that he earned $2.2 billion from various business ventures in 2025, including proceeds from the token; he also received $799 million from World Liberty Financial. White House spokesperson Anna Kelly denied claims that Donald Trump profited at the expense of his supporters. (Bitcoin.com News).
Related news
"Clarity Act" Legislation Hits Stalemate, Bipartisan Senators Submit New Ethics Compromise Proposal to the White House
According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.
Gate Launches USD1 Staking to Earn Rewards, Offering Up to 8% APY on USD1 Holdings
according to official sources, Gate launched the USD1 Staking to Earn Rewards financial product starting at 00:00 (UTC+8) on July 29. During the event, users can earn rewards by holding USD1 in their asset accounts. The minimum holding requirement is 1 USD1, and users can enjoy a maximum annualized yield of 8%. Rewards will be distributed daily to eligible users in the form of WLFI. The annualized yield will be dynamically adjusted daily based on the remaining reward budget and the platform's total effective USD1 holdings, and will be updated around 14:00 (UTC+8) each day. Additionally, the on-chain staking reference APY for USD1 is currently 6.89%, offering users diversified yield options.
Bybit Launches USD1 Ecosystem Incentive Program, Total Prize Pool 2 Million WLFI
It is reported that Bybit recently launched the USD1 Ecosystem Incentive Program. The event runs from July 24 to August 2, with a total prize pool of 2 million WLFI. During the event, users can participate in the reward distribution by trading designated USD1 trading pairs.
TownSquare Announces Official Opening of Sonar New Subscription, 20% Allocation Raised Within 30 Minutes
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
Stablecoin market sees $12.413 billion outflow in 62 days, USDT market cap still exceeds $184 billion
Odaily News According to Defillama data, the stablecoin market has experienced an outflow of $12.413 billion in the 62 days since May 17, 2026, with $1.555 billion flowing out since July 11, marking one of the largest contractions in over four years. As of July 18, Tether's USDT market cap stood at $184.055 billion, while Circle's USDC market cap was $73.376 billion. Over the past week, USDT decreased by 0.06%, and USDC decreased by 0.04%. Sky's USDS market cap was $6.66 billion, declining by 12.30% over the past week, making it the worst performer among the top ten stablecoins.World Liberty Financial's USD1 fell by 4.59%, while Sky's DAI decreased by 0.43%. Global Dollar's USDG rose by 9.08% over the past week, reaching a market cap of $3.164 billion, the highest gain among the top ten stablecoins. PayPal's PYUSD increased by 1.60% to $2.877 billion, while Circle's USYC and BlackRock's BUIDL decreased by 3.64% and 8.68%, respectively.
Trump to Meet with Lawmakers on CLARITY Act Ethics Provisions
Odaily President Trump will meet on Thursday with Republican Senators Bernie Moreno and Cynthia Lummis, along with White House crypto policy advisor Patrick Witt and White House Chief of Staff Susie Wiles, to focus on the ethics provisions in the CLARITY Act. These provisions are considered one of the main obstacles to advancing the crypto market structure bill.Kristin Smith, President of the Solana Policy Institute, stated, "The purpose of the meeting is to present some proposals on the ethics issue to Trump and hope to gain his support. I believe this is a very positive signal." She described the meeting as crucial for pushing the CLARITY Act through.Earlier, it was disclosed that Trump family-backed World Liberty Financial had received hundreds of millions of dollars in crypto-related revenue, raising concerns among Democrats about potential conflicts of interest. (The Block)