World Liberty Financial (WLFI) denied the recent FUD (Fear, Uncertainty, Doubt) circulating in the market regarding its loan positions. World Liberty Financial explained via X, "As a major supplier and borrower in the WLFI market, we are borrowing stablecoins based on collateral, but there is no liquidation risk. We can provide additional collateral if needed. We are generating high stablecoin yields. Also, in the past six months, we purchased approximately 435 million WLFI at an average of $0.1507, conducting a total buyback of $65.58 million. The annualized USD1 profit is approximately $160 million, and we have also introduced gas-fee-free transfer functionality. We will soon announce a governance proposal for early investors regarding lock-up release." Previously, rumors spread in the market that World Liberty Financial had borrowed over $50 million USD1 from its ecosystem lending platform Dolomite, and that liquidity within the platform had turned negative.
