# World Liberty Launches WLFI Buybacks as Democrats Circle

*Author: David Christopher*
*Published: Nov 6, 2026*
*Source: https://www.bankless.com/read/news/world-liberty-launches-wlfi-buybacks-as-democrats-circle*

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World Liberty Financial [said](https://x.com/worldlibertyfi/status/2118516306077008305) it is launching a new buyback program for its WLFI governance token, funded by an initial allocation that may include fees earned from reserves backing its USD1 stablecoin and other sources. 

## What's the Scoop?

- **The Buyback:** In an X post, the project said buybacks aim to encourage governance participation and put more voting power with long-term holders, and that they are meant to become ongoing. It did not disclose a dollar amount, schedule, or burn commitment. CoinDesk [noted](https://www.coindesk.com/business/2026/11/06/trump-backed-world-liberty-financial-plans-token-buyback-after-66-year-to-date-slide) World Liberty previously disclosed $65.6M in open-market buybacks as of April. 

- **The Slide:** WLFI has fallen about 10% since Tuesday's midterms and more than 60% this year, as Trump-linked tokens sold off with the Democratic sweep. 

- **The Politics:** World Liberty pitches the program as ecosystem and governance work. CEO Zach Witkoff has [separately argued](https://www.cnbc.com/2026/08/25/world-liberty-financial-says-stablecoin-success-refutes-trump-cronyism-charge.html) the firm operates independently of Trump and that USD1 demand is organic, not cronyism. Democrats are not buying the distance and we can expect World Liberty to be among the first Trump-family crypto targets.
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