World Liberty's WLFI Buyback Could Draw on Stablecoin Reserve Income

World Liberty Financial, the Trump-backed venture, started a buyback of its WLFI governance token on Thursday, with initial funding potentially drawn partly from income earned on reserves behind its USD1 stablecoin. The company says the program is meant to deepen governance participation by giving long-term holders more voting weight and intends buybacks to become a regular part of its strategy. WLFI has fallen about 10% since the U.S. midterms and more than 60% this year. Donald Trump, his three sons and other partners co-founded World Liberty in 2024; the family holds 38% of the venture and earns revenue from selling or using WLFI and USD1.