World Liberty Financial Unveils Debit Card and Retail App for Crypto Payments
World Liberty Financial, backed by the Trump family, is making strides in crypto adoption with plans to launch a debit card and retail application. The debit card will link its USD1 stablecoin to Apple Pay, while the app combines Venmo-style payments with Robinhood-like trading features. Co-founder Zak Folkman emphasized a utility-focused approach, ruling out blockchain development to maintain platform neutrality.
The WLFI token has seen a 37% decline from its all-time high, but the firm remains committed to long-term value through strategic partnerships. The project, still in early stages, aims to bridge decentralized payments with traditional finance elements.