World Liberty Finance (WLFI), a crypto project backed by Donald Trump, has executed a significant transaction on the decentralized finance platform Aave V3.
WLFI deposited 7,900 ETH (approximately $21 million), 162.69 WBTC ($17.91 million), and 5,010 stETH ($13.31 million) into the platform and then borrowed $7.5 million in Tether (USDT) using the assets as collateral.
The borrowed USDT was transferred directly to a BitGo wallet, with analysts suggesting the move may have been intended to convert the funds into fiat currency. This large-scale transaction highlights the Trump family’s growing involvement in the crypto space and appears to be part of WLFI’s broader strategy to boost its visibility and investor interest in the market.
