DeFiBearishCoinDesk · 5h ago7/10
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WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim
WLFI minted $25 million in fresh USD1 stablecoin and simultaneously burned $3 million, occurring days after announcing a $25 million repayment of its borrowing position that had frozen depositor withdrawals. The timing raises questions about the nature of the repayment claim and the protocol's liquidity situation.
