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World Liberty Financial ($WLFI), a cryptocurrency startup linked to the Trump family, has launched World Liberty Markets, a new lending platform utilizing Dolomite infrastructure.
The platform, launched today, aims to expand the use cases for stablecoins within the $WLFI ecosystem.
World Liberty Markets allows users to lend and borrow digital assets from each other. The platform supports $WLFI’s own assets, the USD1 stablecoin and $WLFI token, as well as Ethereum, tokenized Bitcoin, and the widely used stablecoins USDC and USDT.
Following this development, Dolomite’s native token, DOLO, gained over 60% in value, according to market data. As of writing, DOLO is trading at $0.069.
The token, which is also traded on Binance, is still trading 81% below its all-time high, despite experiencing a recent surge. With this latest rise, the token has a relatively small market capitalization of $31 million.
*This is not investment advice.