WLFI co-founder Zach Witkoff has addressed recent criticisms on the X platform, clarifying misconceptions about the project's independence and focus. Witkoff emphasized that WLFI is not related to the Trump meme coin or associated with "fight fight fight" or CIC Digital Corporation. He highlighted that early investors bought in at $0.015 and $0.05, with the current price at $0.08.
Witkoff further explained that WLFI's primary product is a stablecoin that generates yield through U.S. Treasuries, rather than focusing on trading fees. He noted that their stablecoin is the second-largest compliant stablecoin by trading volume and market cap, underscoring its significance in the market.
WLFI Co-Founder Addresses Misconceptions About Project and USD1 Stablecoin
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