World Liberty Financial, a platform linked to the family of U.S. President Donald Trump, announced the buyback program for its native WLFI token on Nov. 6. The company attributed the decision to the success of its USD1 stablecoin and growth of the WLFI ecosystem.

World Liberty Financial said it plans to begin with an initial funding allocation that may include fees earned from USD1 reserves and other sources. It will assess the program over time before determining the pace and scale of further repurchases.

The platform said the program is intended to encourage WLFI holders to participate actively in project governance and consolidate voting power among its most committed long-term holders. World Liberty Financial intends for buybacks to become an ongoing part of its long-term strategy, with the pace and scale guided by ecosystem growth and the program’s effect on governance participation.

WLFI declines amid U.S. midterm elections

The announcement came after the Nov. 3, 2026, U.S. congressional midterm elections. According to preliminary results cited in the source, the Democratic Party could secure majorities in both chambers. Vote counting remained underway, while early data indicated stronger Democratic positions and weakening Republican influence.

Against that backdrop, WLFI fell from about $0.05 to $0.043 before partially recovering its losses, according to a WLFI/USDT chart on Binance published by TradingView.

Source: Incrypted