WLFI deposited $4.51 million worth of a meme coin into Falcon as collateral to mint 202.3k USDF.

Blockbeats

05-07

BlockBeats News, May 7th, according to Ember Monitor, the Trump-backed crypto project WLFI deposited a total of $4.51 million worth of AVAX, SEI, and MOVE tokens into Falcon Finance 8 hours ago as collateral (funds custodied by Ceffu), and then minted 2.023 million USDF.

USDF is the stablecoin launched by Falcon Finance, which is backed by DWF Labs.

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