Key Takeaways
- World Liberty Financial is integrating the sUSDe stablecoin into its DeFi ecosystem with Athena.
- WLFI's portfolio expansion includes a $500,000 investment in Athena and $250,000 in Ondo.
Share this article
Donald Trump-backed crypto project World Liberty Financial (WLFI) is partnering with Athena to integrate the sUSDe stablecoin as a major collateral asset in WLFI's upcoming Aave v3 example.
The praise revising would allow sUSDe investments with dual awards in sUSDe native WLF and WLFI tokens.
These rewards aim to attract users to the platform and at the same time increase liquidity.
If the WLFI Aave example is unlikely to be approved by regulation, or sUSDe is not greenlit as a collateral fund, WLFI and Athena said they would “continue to explore opportunities to collaborate with the full intent to find integration points, reported by The Block.
Building on its expansion strategy, WLFI has significantly increased its digital asset portfolio.
The institution recently invested $500,000 in Athena and $250,000 in Ondo, along with large holdings in ETH, AAVE, LINK, and cbBTC.
WLFI's portfolio now totals $83 million, with ETH representing the largest share at $57 million, according to data from Arkham Intelligence.
The sUSDe stablecoin, at the heart of the proposal, has shown strong market traction since its integration into Aave's Core and Lido positions in November.
Within just one month, sUSDe accumulated $1.2 billion in provisioned assets, increasing supply levels on over $5 billion of USDC, USDT, and USDS liquidity.
This initiative, together with the WLF WLFI token awards, seeks to create a strong value proposition for users and position the Aave v3 instance as a competitive DeFi destination.
WLFI's move to DeFi coincides with the election of former President Donald Trump and his signs of easing regulatory pressure on digital assets.
In an effort to strengthen its presence in the region, WLFI recently appointed Justin Sun, founder of Tron, as a consultant. This followed a $30 million investment by HTX, a crypto exchange affiliated with Sun.
Meanwhile, Athena continues to innovate within its ecosystem, having BlackRock backed stablecoin to strengthen his contributions.
Share this article