According to Arkham Odaily, World Liberty Financial (WLFI) minted 25 million USD1 tokens through BitGo Custody and burned 3 million tokens through the TokenGovernor contract, resulting in a net increase of 22 million tokens in circulation. The issuance size is consistent with the previously disclosed loan repayment amount.
Previously, WLFI borrowed stablecoins from Dolomite using governance tokens as collateral, causing the USD1 lending pool utilization rate to approach 100% at one point, affecting user withdrawals.




