World Liberty Financial CEO: Never Discussed Business With Trump

Odaily News: Zach Witkoff, CEO of Trump family-linked crypto project World Liberty Financial (WLF), said the market performance and actual usage of the USD1 stablecoin prove the project does not have the conflict-of-interest issues questioned by outsiders.

In an interview with CNBC, Zach Witkoff said USD1's circulating supply has exceeded $4 billion, with over $1 billion in trading volume in the past 24 hours. "Actual user usage and liquidity prove the real demand for USD1." Responding to concerns that World Liberty Financial may channel funds to Trump and his family through USD1, Zach Witkoff said such worries are exaggerated, and stressed that he has never and will never discuss business matters with President Trump, and is currently focused on enhancing the actual value of WLF products for users. Stablecoins are becoming the internet-native payment layer, "the dollar should also flow around the clock," and he believes USD1 will play an important role in the development of digital financial infrastructure. Meanwhile, World Liberty Financial still faces ongoing questions from some U.S. politicians about its overseas investments, political connections, and business interest arrangements. (CNBC)