Crypto

Trump-backed World Liberty Financial plans token buyback after 66% year-to-date slide

Summary

World Liberty Financial is considering a token buyback program utilizing fees generated from its stablecoin reserves. This potential move follows a significant decline in the project's token value over the course of the year. The initiative aims to strengthen governance within the crypto venture.

The crypto venture may use fees from its USD1 stablecoin reserves to fund token purchases as it seeks to boost governance.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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