Trump's World Liberty Financial borrowed millions from a protocol its own advisor co-founded

Trump's World Liberty Financial borrowed millions from a protocol its own advisor co-founded

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTrump's World Liberty Financial borrowed millions from a protocol its own advisor co-foundedOnchain data shows WLFI deposited 5 billion of its own tokens as collateral to borrow stablecoins it then sent to Coinbase Prime, pushing a lending pool to 100% utilization and leaving depositors unable to withdraw.By Shaurya Malwa|Edited by Oliver Knight Apr 9, 2026, 2:40 p.m. Make preferred on What to know: World Liberty Financial, a Trump family–backed crypto venture, pledged 5 billion WLFI tokens on the Dolomite lending platform to borrow $75 million in stablecoins, draining the protocol's USD1 pool and sending more than $40 million to Coinbase Prime.The WLFI token dropped nearly 10 percent to a record low as the oversized collateral position,

Source: https://www.coindesk.com/markets/2026/04/09/trump-s-world-liberty-financial-borrows-usd75-million-against-its-own-token-trapping-depositors-on-dolomite