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.
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
World Liberty Financial's Controversial Proposal to Link Voting Rights With Staking Gains 99% Support
The Trump Family-linked World Liberty Financial is reportedly gaining strong support for a proposal that could alter voting power significantly.
Early Support Despite Backer Criticism
World Liberty Financial is seeing overwhelming support for a proposal that could redefine voting power. The
Coinpedia2h ago
Aave Labs Proposes Dedicated Bug Bounty Program for Aave V4 With Sherlock
Aave Labs has published a proposal for a dedicated bug bounty program for a 24/7 channel to report security issues.
High-priority submissions require participants to stake at least 250 USDC, which is forfeited if the report is invalid or deemed spam.
Aave Labs has published a proposal to
CryptoNewsFlash2h ago
XRP Ledger XLS-65 Amendment Introduces Native Single Asset Vaults for DeFi
XLS-65 enables integration of single-asset vaults on the XRP Ledger, allowing users to pool XRP, IOU, or MPT and obtain proportional shares of MPT.
XRPL Commons backed the amendment after 257 Devnet tests, which covered exchange logic, access controls, and asset safeguards.
The XRP Ledger ha
CryptoNewsFlash2h ago
Stablecoin Infrastructure Perena Launches USDT Vault Glow Vault on Solana
Perena launches the Curated USDT Vault Glow Vault on Solana, developed by Blueprint Finance. It employs a delta-neutral quantitative strategy with an annualized return of approximately 8.5%. Users can earn points rewards and receive liquidity savings stablecoin USD STAR.
GateNews4h ago
Theo will start a $100 million gold-backed interest-bearing stablecoin thUSD pre-deposit tomorrow.
Gate News Announcement: On March 9, the on-chain financial market platform Theo will open a $100 million pre-deposit for the gold-backed interest-bearing stablecoin thUSD Genesis Vault through Concrete on March 10. thUSD is built on the tokenized gold product thGOLD, which earns interest by lending gold to retailers and hedges gold futures on platforms like CME to construct
GateNews4h ago
Solana DEX Aggregator Titan Launches Privacy Trading Feature Private Swaps
Gate News Announcement, March 9 — Solana DEX aggregator Titan has launched the Private Swaps feature, supported by Vanish, allowing users to conduct anonymous transactions on the Solana network by masking their wallets. Currently, this feature supports exchange transactions involving SOL. Additionally, users who complete Private Swap transactions on Titan will receive a new Titan Privacy badge.
GateNews5h ago
