According to @EmberCN, the Trump-backed DeFi project WorldLibertyFi deposited $4.51 million worth of AVAX, MOVE, and SEI tokens to FalconStable (custodied by Ceffu) as collateral eight hours ago and minted 2.023 million USDF. The deposited assets included 103,000 AVAX ($2.06M), 7.581 million MOVE ($1.28M), and 5.983 million SEI ($1.17M). This major collateralization event signals increased liquidity for USDF and may influence trading volumes for AVAX, MOVE, and SEI. Market participants should monitor token flows and potential price impacts, as large-scale DeFi activity involving high-profile backers can drive volatility in related crypto assets. (Source: @EmberCN, debank.com/profile/0xa713...)

According to Lookonchain, Trump's World Liberty (@worldlibertyfi) deposited 103,911 AVAX ($2.06M), 5.98M SEI ($1.17M), and 7.58M MOVE ($1.28M) into Falcon Finance (@FalconStable) and subsequently minted 2.05M USDf stablecoins. This significant move, tracked via intel.arkm.com, signals advanced DeFi strategies, highlighting growing institutional involvement in decentralized stablecoin minting. Traders should monitor USDf liquidity and potential price movements in AVAX, SEI, and MOVE, as such large-scale collateralization could impact trading volumes and volatility across these tokens. Source: Lookonchain via Twitter.