Tag: CRYPTOS FoxBusiness.

Circle Internet (CRCL) CEO Jeremy Allaire offered his clearest public response yet to growing criticism over how the stablecoin issuer handles illicit funds, saying it does not freeze wallets unless there is a formal legal basis to do so.

Speaking on stage at a press conference in Seoul, Allaire positioned $USDC, the second-largest dollar-pegged stablecoin, as a regulated financial product rather than a tool for real-time intervention.

“Circle has a very, very clear performance obligation under the law,” Allaire said. “Circle follows the rule of law, and we are able to undertake actions such as freezing a wallet at the direction of law enforcement or the courts.”

Allaire framed $USDC as part of the traditional financial system, subject to legal process and oversight. Decisions to blacklist or freeze funds, he suggested, should not be made at the discretion of the company in the heat of an exploit, but instead follow requests from law enforcement or court orders. The approach reflects Circle’s broader strategy to align closely with regulators and institutions.

Rival Tether, the issuer of the world’s largest stablecoin, USDT, has a more proactive approach. The company has repeatedly frozen funds linked to hack and illicit activity within hours. In several cases cited by blockchain sleuth ZachXBT, including exploits affecting Ledger and Remitano, Tether blacklisted stolen funds while equivalent $USDC remained untouched.

Allaire’s remarks come at a time of mounting scrutiny. Earlier this month, Drift Protocol suffered a suspected North Korea-linked exploit that resulted in losses of up to $280 million. Roughly $230 million in $USDC was moved across chains over several hours. The incident has become a focal point for critics who argue that Circle is failing to act despite having the technical ability to do so.

Intervention carries risks, too

ZachXBT is among the most vocal. In a widely circulated thread on X, he said Circle’s inaction across more than a dozen cases since 2022 has contributed to over $420 million in illicit funds escaping. He pointed to multiple incidents where stolen $USDC remained in identifiable wallets for hours or even days without being frozen, including exploits affecting Cetus, SwapNet, and Nomad.

Critics say the pattern highlights a deeper issue. $USDC is centrally issued and contains controls that allow Circle to block addresses. Yet those powers are rarely used in real time. By deferring to legal processes that move far more slowly than blockchain transactions, they argue, Circle creates a gap that attackers can exploit.

Others in the industry argue that faster intervention carries its own risks. Omid Malekan, an adjunct professor at Columbia Business School, responded to calls for discretionary freezes by warning that allowing issuers to act beyond legal requirements would undermine the foundations of decentralized finance (DeFi).

Such powers could erode trust in DeFi systems by introducing centralized points of control, Malekan said.

“If Circle and other stablecoin issuers implement arbitrary freeze or seize functions beyond what the law requires, then not only is code not law, but also law is not law,” he wrote on X. “Instead what a single executive inside a single corporation decides is law.”

Recent concerns about advancements in quantum technology have become a significant and widely debated topic in the cryptocurrency market.

At this point, the cryptocurrency sector is intensifying its efforts to improve quantum resilience following a significant research report published by Google in late March.

In this context, the quantum threat is not only worrying the Bitcoin (BTC) and Ethereum (ETH) communities, but an altcoin has also begun testing quantum-resistant technology.

According to DL News, Dogecoin (DOGE) developers are testing quantum-resistant technology to counter the threat posed by quantum computers.

Dogecoin Foundation developer Ed Tubbs stated in an interview with X that teams are exploring ways to send quantum-proof transactions.

Tubbs said, “We’re still in the early stages of the experimental phase, but it’s exciting to see real post-quantum evidence emerge on the main network.”

According to Tubbs, this study shows that Dogecoin transactions made by network users may be quantum resistant.

“…This allows us to prove that a quantum-secure signature for a transaction can be generated on-chain without changing how Dogecoin operates today.”

Recently, Vet, an $XRP Ledger validator, argued that $XRP is better protected against quantum computers than Bitcoin.

*This is not investment advice.

The slide that began Saturday night, after Vice President J.D. Vance left Pakistan without securing a peace deal in Iran, has, for the moment, somewhat reversed.

After falling to as low as $70,500 at one point Sunday, the price of bitcoin has bounced back to $72,100 during U.S. Monday morning trading hours. Helping were reports suggesting Iran was considering the abandonment of its enriched uranium as a concession towards ending the war.

U.S. stocks have also reversed big early losses, the Nasdaq now higher by 0.3% after sliding more than 1%.

Meanwhile, the promised U.S. blockade of the Strait of Hormuz — scheduled for 10 am ET — has apparently gone into effect.

“Security in the Persian Gulf and the Sea of Oman is either for everyone or for NO ONE,” the Islamic Republic of Iran Broadcasting reported Monday. “NO PORT in the region will be safe,” based on a statement from Iran’s military and the Revolutionary Guards.

Crypto-related stocks are on the move higher as well, led by a 8.3% gain for stablecoin issuer Circle (CRCL). Coinbase (COIN) is up 3.1% and Strategy (MSTR) by 1.5%.

Read more: Strategy buys 13,927 bitcoin for $1 billion, entirely through STRC

Does lightning strike twice?

Bitcoin has now been consolidating for 67 days since its local bottom on Feb. 5 at $60,000, almost identical to the 68-day consolidation period between Nov. 21 and Jan. 28, which preceded a sharp drop from roughly $90,000 to $60,000 in the span of a week. Bears anticipate a similar outcome, which may include a retest of the 200-week moving average around $60,000.

Strategy continues its Bitcoin accumulation strategy without slowing down. According to a statement by the company’s founder and chairman, Michael Saylor, the firm purchased 13,927 Bitcoins between April 6 and 12 at an average price of $71,902. This purchase, worth approximately $1 billion, was one of the company’s largest weekly transactions in 2026.

With this latest purchase, Strategy’s total Bitcoin holdings have reached 780,897 BTC. This amount has a current market value of approximately $55.4 billion, while the company’s average cost is stated to be around $75,577.

This indicates an unrealized loss of approximately $3.6 billion based on current prices. The Bitcoins held by the company represent about 3.7% of the total supply.

Strategy largely financed these acquisitions with proceeds from its equity and preferred stock sales programs. The company is known to have targeted a total capital increase of $84 billion by 2027 under its “42/42” plan. A significant portion of these resources is planned to be used for Bitcoin purchases.

In his statement to investors, Michael Saylor emphasized the long-term nature of the strategy, urging them to “think bigger.” He also argued that Bitcoin would continue to appreciate in value over the long term.

On the other hand, the company reported an unrealized loss of $14.46 billion in the first quarter of 2026 due to its Bitcoin assets. Despite this, Strategy continues its aggressive buying policy and remains one of the largest institutional investors in the crypto market.

*This is not investment advice.

Circle CEO Jeremy Allaire has denied claims that $USDC will be used for transit fees in the Strait of Hormuz. Speaking at a press conference in Seoul, Allaire stated that this scenario is “extremely unlikely.”

Allaire emphasized that Circle operates with strict regulatory compliance standards and works closely with global authorities. Therefore, he stated, a regulated stablecoin like $USDC is unlikely to be preferred in transactions carrying sanctions risks. According to the CEO, individuals and entities under sanctions generally prefer to use less regulated alternative stablecoins.

Allaire also pointed out that due to $USDC’s technical structure, assets at specific addresses can be frozen quickly. He said this makes $USDC unattractive for illegal or sanctioned transactions.

These statements followed a previous report by the Financial Times, which suggested that Iran might demand Bitcoin or Chinese yuan as transit fees from ships passing through the Strait of Hormuz. These claims sparked brief debate in the cryptocurrency market.

Experts note that while the use cases for stablecoins are expanding, regulatory frameworks play a decisive role in such geopolitical scenarios. Circle’s statements once again highlight that $USDC is positioned primarily for regulated financial transactions.

*This is not investment advice.

World Liberty Financial minted 25 million $USD1 stablecoins on Monday morning and burned 3 million through its TokenGovernor contract, on-chain data shows, as the Trump-linked venture continues managing the fallout from a lending position that trapped depositors on DeFi protocol Dolomite.

The activity follows $WLFI‘s statement last week, posted in response to CoinDesk’s reporting on the Dolomite transactions, that it had repaid $25 million of the roughly $75 million it borrowed against its own governance token.

The venture deposited billions of $WLFI tokens as collateral and borrowed stablecoins that were partially routed to Coinbase Prime, pushing Dolomite’s $USD1 lending pool to near-100% utilization and leaving other depositors unable to fully withdraw.

Monday’s mint was funded through BitGo Custody and executed via $WLFI‘s $USD1 Mint Authority contract. The 3 million $USD1 burn moved from an address starting 0x2ce to the TokenGovernor contract before being sent to the null address, permanently removing the tokens from circulation.

Smaller test transactions of $10, $10,000, and $40,800 in $USD1 were sent to a previously inactive address in the hours before the mint, a pattern consistent with wallet verification ahead of larger transfers.

The net effect is a $22 million increase in $USD1 circulation. The simultaneous mint and burn indicates active supply management rather than a simple expansion.

However, the burn raises its own question of where those 3 million $USD1 came from and why they were retired rather than redeployed.

Stablecoin issuers routinely burn tokens when collateral is redeemed, but $WLFI has not disclosed the specific reason.

It is not yet clear whether the newly minted $USD1 is intended to replenish Dolomite’s lending pool, fund additional treasury operations, or serve another purpose.

$WLFI‘s governance token has fallen roughly 15% since CoinDesk first reported the Dolomite transactions on April 9. Dolomite co-founder Corey Caplan is an advisor to World Liberty Financial.

CoinDesk has reached out to World Liberty Financial for comment in European morning hours.

U.S. regulators are accelerating crypto oversight by using interpretive rules, signaling a faster policy rollout strategy that prioritizes immediate clarity over traditional rulemaking processes.

Key Takeaways:

• Government Accountability Office (GAO) highlights fast-track crypto rules, boosting momentum across markets.
• SEC and CFTC move quickly with interpretive approach, reducing friction for digital asset expansion.
• Crypto framework signals lower barriers for issuers, supporting broader adoption and scalability.

Regulators Accelerate Crypto Oversight Using Interpretive Rules

A Government Accountability Office (GAO) review clarifies how U.S. regulators are advancing crypto policy while avoiding a judgment on the rule itself. The GAO, a congressional watchdog, issued its report on a joint rule from the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) on April 8. The report confirms the procedural path used to implement the rule, offering insight into regulatory strategy rather than policy effectiveness across digital asset markets.

The document makes clear that the agencies framed the rule as an interpretive measure, which is central to understanding its rollout. The report states:

“This rule provides an interpretation of the definition of ‘security’ as applied to crypto assets.”

That classification determines which legal requirements apply and which can be bypassed. By documenting this framing, the GAO confirms regulators selected a faster, lower-friction route to introduce crypto guidance within existing securities law structures.

That choice allowed the SEC and CFTC to avoid standard procedures tied to major financial rules. The report notes: “The Agencies determined that the interpretation in this rule may take effect immediately pursuant to 5 U.S.C. § 808(2) because it is an interpretive rule and thus exempt from the Administrative Procedure Act’s notice and comment requirements.” Section 808(2) is a provision under the Congressional Review Act that permits immediate implementation of certain rules when agencies justify bypassing delays. The GAO also recorded:

“In its submission to us, the agencies indicated that they did not publish a proposed rule or solicit public comments.”

For market participants, this signals a regulatory preference for speed and clarity over extended consultation.

GAO Highlights Speed Over Process in Crypto Rulemaking Strategy

The report also highlights how regulators are positioning the rule’s economic impact without supporting it with formal analysis. According to the GAO, the agencies argued the framework “should reduce costs for issuers of digital securities and crypto asset-related securities.”

At the same time, they indicated that a cost-benefit analysis was not required. This reflects a broader pattern in crypto oversight, where interpretive guidance advances policy objectives while limiting procedural obligations. The GAO’s role is to record these claims for congressional visibility, not to validate them.

Ultimately, the GAO review functions as a procedural checkpoint that informs Congress while signaling how regulators are structuring crypto policy. It noted that the agencies classify crypto assets into categories “based on their characteristics, uses, and functions.” That framework suggests a systematic approach to aligning digital assets with securities laws. While the report does not assess effectiveness, it confirms that U.S. agencies are using interpretive authority to accelerate crypto rulemaking, a trend likely to shape market structure going forward.

“The Federal Reserve officially approves Kraken Financial as the first digital asset bank with direct access to the United States’ payment systems,” the popular Bitcoin curation account @DocumentingBTC posted on X this week, racking up over 3,000 likes. The post set off a wave of commentary about what it means when a crypto company gets the same kind of Fed access that traditional banks have guarded for decades.

Bitcoin is trading near $70,000. Some market watchers think the Kraken news is exactly the kind of institutional plumbing upgrade that could push prices toward $100,000.

What Happened To Kraken

The Kansas City Fed approved Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution, for a limited-purpose Federal Reserve master account on March 4. The term is one year. The access is restricted. But the symbolism is hard to miss.

Kraken Co-CEO Arjun Sethi told Fortune that Kraken went through Wyoming to get a Special Purpose Depository Institution charter rather than the OCC route other crypto firms have tried. Kraken’s head of policy Jonathan Jachym told Reuters the approval is “a great testament to regulatory rigor and cooperation,” adding that it “promotes principles of both safety and soundness, and innovation.” The account lets Kraken hold balances at the Fed and settle in U.S. dollars on Fedwire, bypassing the correspondent banks that crypto firms have relied on for years.

The reaction on X was not universally positive. “ICBA and 42 state banking associations objected to the Federal Reserve Bank of Kansas City’s approval of a master account for Kraken Financial,” the Independent Community Bankers of America posted on their official account. Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, demanded the Kansas City Fed explain its legal authority for the decision.

One anonymous trader on X captured the skeptics’ view: “Kraken’s Fed approval… isn’t pure adoption; it’s assimilation. Don’t mistake integration for decentralization.”

Why It Matters For Bitcoin’s Price

The Kraken news lands at a moment when institutional money is already flowing back into bitcoin. Spot bitcoin ETFs pulled in $789 million last week, the highest weekly total since February. BlackRock continues to lead those flows.

Charles Schwab, which serves roughly 39 million brokerage clients, recently published a risk-sizing framework showing that an aggressive portfolio model could hold up to 8.8% in bitcoin under certain return assumptions. Schwab stopped short of calling it a recommendation, but the signal caught attention across crypto X. Pete Rizzo, the Bitcoin historian and former CoinDesk editor, posted that “$11 trillion Schwab just told 40 million clients to add bitcoin to their portfolios,” a characterization that got over 2,000 likes even if it overstated what Schwab actually said.

Kevin Olsen, a payments industry educator who runs the Payments Professor YouTube channel, analyzed the Kraken approval in a video and predicted this is “merely the first of many approvals, signaling a permanent shift in how electronic banking and crypto institutions interact with sovereign financial rails.”

Bitcoin has gained about 3% this week, bouncing between $70,300 and $73,200. The $75,000 level is the next test.

The Bull Case

Pierre Rochard, CEO of Bitcoin Bond Company and a longtime Bitcoin advocate, put it bluntly on X: “No four-year halving cycle has ever had a consistent bid from institutional and sovereign wealth quite like what we’re seeing in 2026.” His argument is that the old four-year boom-bust pattern is breaking because institutions are now permanent buyers, not tourists.

The numbers back him up. Morgan Stanley launched its own low-fee bitcoin ETF (MSBT) on April 8, charging just 0.14%. “Morgan Stanley just handed Bitcoin to 16,000 wealth advisors managing $6.2 trillion in client assets,” posted Garry Krug, head of BTC strategy at aifinyo. “Their recommended allocation for growth portfolios: 2-4%.”

Wall Street price targets for year-end 2026 are stacking up. Standard Chartered’s Geoff Kendrick is at $100,000. TD Cowen has a $140,000 target tied to bitcoin treasury companies. Bernstein is at $150,000. Tom Lee at Fundstrat has floated $200,000 to $250,000. The Kraken approval feeds directly into every one of these theses because it removes a layer of friction between institutional dollars and the crypto ecosystem.

The Bear Case

The one-year term on Kraken’s account tells you something. The Fed is treating this as a trial, not a verdict.

“TD Cowen has cut its Strategy price target by 20.5% to $350, projecting the company’s Bitcoin gains will fall to $7.87 billion in 2026 from $10.17 billion in 2025,” CoinMarketCap reported. That is the same TD Cowen with a $140,000 bitcoin target cutting its bet on the biggest corporate bitcoin holder. Mixed signals, to say the least.

Not everyone on X is buying the institutional narrative either. “Expecting under $50K by November 2026,” one trader posted, arguing that short-term rallies to $80,000 or $90,000 will give way to a deeper correction. Another anonymous account pegged their year-end target at $52,500, citing historical pattern analysis.

Then there is the political risk. Waters’ investigation could lead to legislation restricting crypto companies from accessing Fed payment systems. The ICBA has 42 state banking associations backing its opposition. If Congress moves to pull the plug on Kraken’s experiment, the bullish narrative flips overnight.

What To Watch Next For Bitcoin Price

The big question is whether Kraken stays alone or other firms follow. Jachym has said the approval shows the regulatory path exists for any well-capitalized digital asset company willing to go through the process.

Bitcoin sitting at $70,000 with that $75,000 barrier overhead. A break through on heavy volume, combined with continued ETF inflows and more broker launches like Morgan Stanley’s MSBT, would be the kind of technical confirmation that turns Wall Street’s $100,000-plus targets from speculation into consensus.

A ten-figure volume threshold is a challenge in the fast-paced world of decentralized finance that can only be met by systems that offer real value. Unstoppable Private Wallet recently declared that the custom THORChain interface they built has surpassed the $1 billion swap volume mark. In a time when the entire marketplace has been dealing with “bearish” sentiment for almost a year, this gateway has experienced a surge of activity. This increase represents a shift in users’ attitudes and actions toward obtaining cross-chain liquidity.

The Appeal of “Zero-Fee” Architecture

This surge of $1 billion has been generated primarily by disruptive fees that are generally charged within their Fee system. Many businesses on the front-end charge additional fees called “interface fees” that generally range from 0.1% to 0.5% on top of the protocol gas fees. Consequently, the result is often higher transaction fees for consumers accessing our service. A key feature of Unstoppable’s pricing strategy is that it offers no fees for all transactions, an intentional strategy to seize on a greater share of the long-term market.

The ability to connect directly with customers through an interface has attracted large-volume traders. This is evidenced by dashboard metrics showing that the average swap exceeds $90,000 in value.

Privacy and the “No-Wallet” Onboarding

In addition to cost considerations, THORChain‘s innovative architectural design is addressing a common user issue: the need for a “wallet signature” before viewing trading quotes on most DeXes. This update streamlines the user experience, making it easier to access quotes without needing any sort of pre-approval. Conversely, users of Unstoppable’s website can enter detailed transaction parameters without requiring a connection at the outset of the process. This provides a privacy-centric user experience that aligns with Unstoppable’s position as a private wallet provider.

Additionally, the positions of “No KYC (Know Your Customer)” and “No Surveillance” are a clear nod to the fundamental spirit of cryptocurrency. The increasingly sharp regulation of centralized exchanges by international regulatory bodies has rendered non-custodial, decentralized solutions e.g. a DEX (decentralized exchange) such as THORChain is the last refuge of users looking to conduct independent financial transactions. THORChain’s official documentation states that the protocol is based on continuous liquidity pools, allowing the exchange of one native asset for another, such as Bitcoin for Ethereum. This process does not rely on wrapped tokens or centralized bridges, which are commonly exploited.

Resilience in a Bear Market

This $1 billion milestone implies significantly high volume in what would otherwise be considered a bearish market. Users have demonstrated organic usage rather than speculative mania by moving large amounts of capital into and out of positions. These actions are driven by portfolio rebalancing and efficient position management, with minimal slippage and no user interface costs.

This successful interface illustrates an emerging trend in DeFi protocols being separated from their front ends. THORChain offers liquidity to each protocol but the access point to each protocol determines how the user will experience the protocol. Unstoppable demonstrates that there is still a huge need for professional and permissionless trading tools regardless of market conditions by offering low or no fees and high levels of privacy.

Conclusion

With the THORChain interface reaching $1 billion in total volume processed, this milestone is much more than a vanity metric; it serves as a strong proof-of-concept for the next generation of DeFi interfaces. Unstoppable has shown its commitment to enhancing the user’s financial bottom line and their privacy ahead of maximizing short-term fees. This has firmly established Unstoppable’s position within the ecosystem.

This has really locked Unstoppable’s place in the ecosystem. Now that the market is heading back into a bullish phase, the infrastructure they built to support the next wave of growth has been put through some serious testing. It held up well, and it is now ready to handle transaction volumes that are significantly larger, by an order of magnitude really.

World Liberty Financial has come under heavy scrutiny, with many throwing the word “scam” on Crypto Twitter, over its recent $WLFI Markets lending position and the sudden disappearance of the Trump family from the WLF team member page.

Speculations are that the Trump family is attempting to distance itself from World Liberty Financial. But the team is claiming otherwise.

The crypto project was launched in the fall of 2024, with the U.S. President and his sons, Eric, Trump Jr., and Barron, displayed on the team member page as co-founders, including Chase Herro, Zak Folkman, and the Witkoff family.

World Liberty was touted as a financial platform that would bridge the gap between traditional banking and decentralized finance. In March 2025, the team completed a third phase of $WLFI token sale, raising a total of $550 million, according to reports. $WLFI, which only became tradable in September 2025, doubles as the governance token of the platform.

After the presale, however, it was observed that the positions of the Trump family were reduced to “Web3 Ambassador.” And now? The team member page on the website has been removed, with some speculating that the Trumps are trying to distance themselves from the project.

Just at the bottom of the page, there is now a disclosure that Trump and his sons do not hold any formal operational role in World Liberty Financial, despite their known affiliation with the crypto project.

“None of Donald J. Trump, his family members or any director, officer or employee of Trump Organization or of DT Marks LLC is an officer, director or employee of, WLF Holdco LLC or World Liberty Financial LLC,” it reads.

To add weight to these claims, speculators also pointed to Eric Trump deleting several $WLFI-related posts on Twitter earlier this year, as Cryptopolitan reported.

Eric Trump, co-founder of $WLFI, deleted several $WLFI-related posts on X. Following the move, $WLFI briefly fell more than 8%, while the USD stablecoin $USD1 temporarily depegged to 0.9802 USDT. https://t.co/5W4apuqsb3 pic.twitter.com/7dUMJPApEh

— Wu Blockchain (@WuBlockchain) February 23, 2026

“This is clearly FUD,” says Zach Witkoff

World Liberty Financial CEO Zach Witkoff dismissed these observations as FUD, saying both Donald and Eric Trump are still engaged with the project, and even tweet about the project weekly. Regarding the missing team page, Zach mentioned that the website was redesigned months ago. “This is clearly FUD,” he said.

Hey @Eljaboom we redesigned the website months ago. Don and Eric tweet about the project weekly and even have @worldlibertyfi in their twitter bios. This is clearly FUD.

— Zach Witkoff (@ZachWitkoff) April 11, 2026

Eric Trump’s Twitter bio says he’s an advocate for World Liberty Financial, while Donald Trump Jr.’s still says he’s a co-founder.

Although the Trump family is not directly involved in the management of World Liberty, according to the webpage, they own a significant 38% stake in the WLF Holdco LLC, through DT Marks DEFI LLC. WLF Holdco LLC holds all of the rights to net protocol revenues from the WLF protocol. Previously, in March 2025, the stake was as high as 60%, according to Reuters.

DT Marks DEFI LLC also holds 22.5 billion $WLFI tokens, and is entitled to receive 75% of the net revenue from the $WLFI token sale, including interest earned on the reserve assets backing $USD1, a dollar-pegged stablecoin issued by World Liberty Financial.

WLF loan deal sparks fresh controversy

Another point of controversy on World Liberty Financial stems from its recent stablecoin loan deal on DeFi protocol Dolomite, whose co-founder advises WLF, which saw $WLFI token decline by 10%, Cryptopolitan reported on Friday.

The WLF team deposited 5 billion $WLFI tokens, worth $440 million, to borrow $75 million worth of $USD1, although Arkham reports it was $150 million USDC. Part of the concern was that the World Liberty Financial team used its own tokens as collateral to drain Dolomite’s lending pool, so much so that many depositors were not able to withdraw.

To defuse concerns, the team said being an anchor borrower allows them to generate yield that makes $WLFI Markets compelling for everyone else. “No, we are nowhere near liquidation — and frankly, even if markets moved dramatically against us, we’d simply supply more collateral,” they wrote.

The last line was particularly concerning for many people, who argued that deploying more volatile governance tokens as collateral could have more detrimental consequences, with some recalling past incidents with Terraforms Lab and FTX.

Even more retarded, instead of repaying stablecoin debt, they would deposit more $WLFI as collateral.

Sure, liquidation price decreases but it makes the problem worse, not better in the longer termhttps://t.co/h3YdBMY2ha

— Ignas | DeFi (@DefiIgnas) April 10, 2026

$WLFI currently trades at $0.07989, a 1.4% decline in the last 24 hours. The token is down over 44% YTD.