Donald Trump backed World Liberty has undertaken yet another crypto purchase for a third consecutive day. According to on-chain data from December 14th, World Liberty used 662,630 USDC to buy 1,842.632 AAVE through Cow Protocol.
World Liberty currently owns 5,886 AAVE, which is valued at about $2.27 million. Despite the constant crypto purchase, the price of WLFI native token is still down.
WLFI’s Previous Two Days Crypto Buy
WLFI has been constant swelling its crypto holdings up for the past three days. On December 13th, the cryptocurrency project acquired 37,052 LINK for $1 million USDC and 685.425 AAVE for $246,722 USDC.
Additionally, on December 12, World Liberty purchased ETH, LINK, and AAVE. At an average price of $3,801, World Liberty Financial’s wallet had purchased 2,631 Ethereum with 10 million USDC.
In addition, the project has spent $1 million USDC on $3,357 AAVE at an average price of $297.8 and 41,335 LINK at an average price of $24.2.
WLFI’s $LINK Purchase Comes After its Previous Partnership With Chainlink
It is interesting to note that WLFI’s constant purchase of the $LINK token comes after it had previously signed a deal with Chainlink.
World Liberty Financial had declared that it will accelerate the adoption of DeFi by utilizing the Chainlink Standard. Under the partnership WLFI adopted the Chainlink standard for offchain data and cross-chain connectivity, giving it access to the industry-leading onchain data and cross-chain interoperability ecosystem and infrastructure that has enabled over $16 trillion in transaction value.
Additionally, the partnership also stated that Chainlink Price Feeds will provide the WLFI Protocol with a secure and reliable source of financial market data for the launch of WLFI’s Aave v3 instance, which onboards assets which include USDC, USDT, ETH, WBTC, and many more.
Also Read: Justin Sun’s $30 Million Investment Saved Trump’s World Liberty Financial Crypto Project
WLFI To Keep Stablecoin Awareness In Crypto Markets
WLFI, the DeFi group which is supported by incoming US President Donald Trump and his family members, including Barron Trump, Donald Trump Jr., and Eric Trump, aims to raise the US dollar’s standing in the DeFi market globally.
According to the project, World Liberty Financial wants to “make crypto and America great—by driving the mass adoption of stablecoins and decentralized finance.”
The goal of the project is to ensure that US dollar-pegged stablecoins will continue to dominate the global settlement layer for the next century, much like the US dollar has served as the cornerstone of international finance for the previous 110 years.