World Liberty Financial

World Liberty Financial (WLF), a crypto venture linked to the Trump family, announced at Token2049 its plans to launch a debit card and explore tokenized commodities. CEO Zach Witkoff highlighted the debit card aiming to bridge crypto with traditional spending, and their active work on tokenizing assets like oil and timber. WLF also launched USD1, a stablecoin reportedly among the top five globally. Donald Trump Jr emphasized WLF’s independence, while Witkoff noted USD1’s potential to boost demand for U.S. Treasuries. The company plans to launch USD1 on the Aptos blockchain.

World Liberty Financial’s (WLFI) USD1 stablecoin, claimed to be the fastest-growing, is now available on Coinbase. This expands USD1’s accessibility to Coinbase’s extensive user base, aligning with WLFI’s goal of wider digital asset adoption. CEO Zach Witkoff emphasizes Coinbase’s trustworthiness as a major crypto platform. USD1 is a Genius-compliant stablecoin backed by a reserve portfolio of treasury bills, cash deposits etc. This follows ALT5 Sigma’s $1.5 billion capital raise to adopt a WLFI Treasury Strategy, highlighting institutional interest. WLFI aims to democratize DeFi access.