World Liberty Financial, backed by the Trump family, plans debit card and retail app

By Hannah Pérez

Zak Folkman of World Liberty Financial advanced at a conference that the project will launch “very soon” its own debit card and a retail application similar to Robinhood.

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• World Liberty Financial folkman advanced the next App and Debit card.
• The app, similar to Venmo and Robinhood, will allow connecting with services such as Apple Pay.
• Meanwhile, the card will allow users to make payments with the USD1 stable.
• The Token Wlfi has fallen almost 40% since its public premiere at the beginning of the month.

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World Liberty Financiala decentralized finance project (DEFI) and cryptocurrencies backed by Donald Trump’s family, plans to launch a debit card and a retail application, as announced by his co -founder Zak Folkman during an discussion at the conference at the conference Korea blockchain week 2025held in Seoul on Tuesday.

Speaking before the stage, Folkman stressed that the debit card will allow users to link their Stablecoin USD1 and the application of World Liberty Financial Directly with services such as Apple Pay, facilitating daily payments.

“It is not for today, but it is coming very soon“folkman said, as reported The Block.

The retail application, described by Folkman as a fusion between “Venmo and Robinhood”, Will combine payments in web2 -style pairs with trade characteristics similar to those of the platform Robinhood. These products seek to position World Liberty Financial as a bridge between traditional finances and chain markets, as reported by COINDESK.

The comments reiterate the previous ads of Folkman, who during a separate conference in July had already advanced the company’s plans to launch their own mobile app, with the aim of allowing users of non -native cryptocurrencies to deposit funds easily, send, receive and earn money through decentralized finance applications (DEFI). It was described as the culmination of the company’s efforts to create an easy -to -use Fintech solution, which is accessible to all types of users.

No plans for a blockchain and agreement with Bithumb

During today’s conference, Folkman also made it clear that World Liberty It has no intention of launching its own block chain.

“We will never launch a chain of World Liberty Financial. It is literally the opposite of our mentality when it is a stablecoin”, He said, according to The Block. “We believe that our work is not to implement chains or exchanges or anything like that“He added, stating that the project prefers to remain agnostic regarding Blockchainstechnologies and distribution platforms, focusing on interoperability and accessibility.

In a parallel ad, World Liberty Financial revealed that he has signed a Memorandum of understanding with Bithumbone of the greatest exchanges of southern Korea cryptocurrencies, to explore joint business opportunities, although the details of this collaboration are not yet clear, according to COINDESK.

Token Wlfi falls almost 40% from its public debut

Founded a year ago, World Liberty Financial It is promoted as a project that seeks to integrate traditional finances with the cryptocurrency ecosystem, offering innovative solutions such as its USD1 stable and its token WLFI.

With the support of the Trump family, the project has captured great attention, although it faces challenges in a volatile market. WLFI, its native token, has fallen 38% since its public launch on September 1, when it reached a maximum of 33 cents, currently quoting USD $ 0,2051 after a 3% drop in the last 24 hours, according to data from Coingcko at the time of editing.

Despite these fluctuations, Folkman was optimistic, highlighting that the project is focused on the long term. “We are not running a sprint, this is really a marathon “he said, according to coverage, underlining his vision of building products with “Power of permanence“For decades.

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Article written with the help of AI, edited by Diariobitcoin

Image of Unspash, edited

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