CMC News

$WLFI Debit Card Launch Coming Soon as #Trump Project Expands

#WorldLibertyFinancial plans to roll out its debit card within weeks, co-founder Zak Folkman announced at Korea Blockchain Week. The card will integrate with Apple Pay, allowing users to spend their $USD1 stablecoin directly through the platform.

The debit card represents part of a broader retail push by the Trump-backed project. Folkman described their upcoming retail application as combining Venmo-style payments with #Robinhood-like trading features. Both products aim to bridge traditional finance with decentralized markets.

World Liberty Financial firmly rejected plans for its own blockchain network. Folkman emphasized the project's commitment to remaining chain-agnostic rather than competing with existing infrastructure. This approach aligns with their stablecoin #strategy, which involves working across multiple platforms.

The company signed a memorandum of understanding with South Korean exchange Bithumb. However, specific details about this collaboration remain undisclosed. The partnership comes as World Liberty expands its international presence.

$WLFI token has declined 37% since its September launch, currently trading at $0.21. The token dropped 10.28% in recent trading despite the project's product announcements. Folkman acknowledged market volatility but expressed confidence in long-term value creation.

World Liberty Financial launched in September 2024 with backing from Trump family members. The project has developed both the $WLFI governance token and $USD1 stablecoin. Their goal centers on connecting traditional finance with #blockchain markets through accessible products.