World Liberty Financial Launches Forex Platform ’World Swap’ at Consensus Hong Kong
World Liberty Financial unveiled its foreign exchange and remittance platform, World Swap, during the Consensus conference in Hong Kong. The platform aims to reduce costs for international money transfers by offering lower transaction fees than traditional services. Users can transact via bank accounts and debit cards across different regions.
Co-founder Zak Folkman emphasized the platform's competitive edge against high-fee intermediaries. World Swap operates within the company's USD1 stablecoin ecosystem, positioning itself as a cost-effective solution for cross-border settlements.