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Lending platform World Liberty Markets launches, infrastructure token DOLO price soars
Source: CryptoNewsNet Original Title: Altcoin Cooperating with Trump’s Altcoin Sees Price Soar Original Link: World Liberty Financial (WLFI), a cryptocurrency startup, has launched World Liberty Markets, a new lending platform utilizing Dolomite infrastructure.
The platform, launched today, aims to expand the use cases for stablecoins within the WLFI ecosystem.
World Liberty Markets allows users to lend and borrow digital assets from each other. The platform supports WLFI’s own assets, the USD1 stablecoin and WLFI token, as well as Ethereum, tokenized Bitcoin, and the widely used stablecoins USDC and USDT.
Following this development, Dolomite’s native token, DOLO, gained over 60% in value, according to market data. As of writing, DOLO is trading at $0.069.
The token, which is also traded on certain major exchanges, is still trading 81% below its all-time high, despite experiencing a recent surge. With this latest rise, the token has a relatively small market capitalization of $31 million.