Trump-Backed Crypto Venture World Liberty Financial Set to Launch Debit Card
World Liberty Financial (WLFI), a cryptocurrency venture supported by Donald Trump and his family, is gearing up to launch a debit card and accompanying retail application in the near future. This announcement was made by WLFI co-founder Zak Folkman during a panel discussion at Korea Blockchain Week 2025. The move signifies a further push into the realm of digital finance for the Trump-backed entity.
WLFI Debit Card Features and USD1 Integration
The forthcoming debit card will allow users to spend WLFI’s stablecoin, USD1, directly for everyday purchases. USD1, launched earlier in 2024 by World Liberty Financial, is designed as a stablecoin pegged to the US dollar and backed by US Treasuries, cash, and cash equivalents. A key feature of the card is its planned integration with Apple Pay. This will enable users to seamlessly connect the card to their Apple devices and make contactless payments, streamlining the process of using cryptocurrency in regular transactions. The integration promises a user-friendly experience for those looking to utilize their USD1 holdings in a convenient and accessible manner.
The launch of the debit card and retail application represents a significant step for World Liberty Financial, potentially bridging the gap between cryptocurrency and everyday commerce for its users. The project’s success will likely depend on the adoption rate of USD1 and the overall user experience provided by the new platform.
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