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Trump-Backed World Liberty Launches WLFI Buyback

World Liberty Financial said on Nov. 6 that it plans to launch a WLFI token buyback program. Its initial funding may include fees earned from USD1 reserves and other sources. The firm gave no dollar amount, schedule or commitment to burn tokens.

According to DefiLlama data cited in the source, USD1’s circulating supply was about $3.63 billion, down from roughly $4.43 billion in late September and a February peak of about $5.39 billion. Fortune reported that World Liberty Financial could face a House Oversight inquiry as early as February 2027; no inquiry was reported as having begun.

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