Trump's World Liberty Financial uses five billion WLFI to borrow $75M from a platform its adviser co-founded.

On-chain data analyzed by CoinDesk shows World Liberty Financial used its own stablecoin and governance tokens to borrow tens of millions through a DeFi protocol whose co-founder is an advisor of the venture. The transactions have left retail depositors exposed to concentrated liquidation risk. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

-

This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.