Trump-associated crypto project WLFI enters the foreign exchange track: World Swap is about to launch, bringing a new variable to digital dollar cross-border payments

WLFI-1,76%

February 12 News, a cryptocurrency project related to the Trump family, WLFI, announced the launch of a foreign exchange platform called World Swap. The announcement was disclosed by co-founder Zack Folkman at the Consensus conference held in Hong Kong, China, quickly attracting market attention.

The launch of World Swap signifies that WLFI is officially entering the digital foreign exchange and cross-border payment sector. The platform will build multiple application scenarios around its core stablecoin USD1, aiming to create an integrated financial system covering payments, lending, and exchanges. According to Zack Folkman, WLFI plans to hold an event later this month at Mar-a-Lago in the United States, where more product roadmaps and partnership developments will be announced.

Zack Folkman stated that the current complexity of crypto wallet operations and the high costs of cross-border transfers are key factors hindering large-scale user adoption. The goal of World Swap is to enable users to send and receive digital dollars as easily as using mainstream payment apps and to quickly exchange between different fiat currencies, directly challenging the high fees of traditional remittance services, which typically range from 2% to 10%.

From an ecosystem perspective, WLFI centers around the USD1 stablecoin, which is pegged 1:1 to the US dollar and backed by cash and cash equivalents, emphasizing transparency and security. Around this asset, WLFI has launched the World Liberty Markets lending platform, which attracted hundreds of millions of dollars in deposits within weeks of going live. The project has also established partnerships with multiple decentralized finance protocols to expand the practical use cases of the token.

Notably, in late January 2026, the crypto community discovered that AMG Software Solutions LLC, based in Puerto Rico and holding the WLFI intellectual property, had registered multiple trademarks related to World Swap. This move is seen as an important signal that the project is accelerating its layout in digital foreign exchange, stablecoin payments, and cross-border financial markets.

As World Swap approaches launch, WLFI’s influence in stablecoin payments, crypto foreign exchange, and cross-border fund flows is expected to continue expanding.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ripple Director Spotlights New Crypto Regulatory Milestone in UK - U.Today

Cassie Craddock, CEO of Ripple Labs UK, announced the company's achievement of securing an EMI license and crypto registration from the FCA, marking a significant step in bridging traditional and decentralized finance. Ripple continues to expand its presence in the U.S. and EU with new partnerships and infrastructure developments.

UToday3h ago

Morpho Vaults V2 total deposits exceed $1 billion

Gate News Announcement: On March 6th, the lending protocol Morpho's Morpho Vaults V2 surpassed a total deposit of $1 billion.

GateNews4h ago

PayPal and TCS Introduce Blockchain Network to Speed Up Freight Payments

PayPal and TCS Blockchain have introduced a blockchain settlement network to expedite payments in the trucking industry. By using PayPal USD stablecoin, freight invoices can be settled almost instantly, improving liquidity for carriers and reducing costs by up to 90%. The system aims to enhance transparency and efficiency in logistics finance.

CryptometerIo5h ago

Molecule teams up with Bio Protocol to launch Science Beach, supporting AI agents and human collaboration in scientific research

Solana's decentralized science platform Molecule and Bio Protocol jointly launch Science Beach, aiming to support AI agents collaborating with humans to develop scientific hypotheses. The project has generated over 1,100 hypotheses, involving funding support and research query fees.

GateNews5h ago

Nansen launches on-chain intelligent services for AI agents, supporting three connection methods and pay-as-you-go pricing models

Nansen launches on-chain intelligent services for AI agents, "Nansen for Agents," supporting token filtering across 18 blockchains. Users can connect in various ways, and it operates on a pay-as-you-go model, no API key required, with a starting price of $0.01.

GateNews6h ago

Polygon Unveils CLI Toolkit Enabling AI Agents to Transact On-Chain

Polygon has published a CLI kit that gives AI agents access to wallets, payments, swaps, bridging, onchain identity, and more. Founder Sandeep Nailwal says that the kit is like giving agents their own Open Money Stack. Polygon has joined the growing list of blockchain networks releasing

CryptoNewsFlash6h ago
Comment
0/400
No comments