World Liberty Financial Prepares Game-Changing App Launch as USD1 Audit Crosses Finish Line
Breaking the mold—or just chasing the hype? World Liberty Financial gears up to drop its flagship app as auditors put the final touches on its USD1 reserve verification.
The countdown begins: With the audit nearing completion, the fintech player aims to disrupt traditional banking—or at least ride the crypto-adjacent wave.
Behind the buzzwords: A 'trust-but-verify' play targeting skeptics of fractional reserve models. Because nothing says 'financial liberty' like a third-party stamp of approval.
Cynics' corner: Another day, another dollar-pegged project promising transparency. Audits complete, but will users trust the math—or the marketing?
Trump-linked crypto company World Liberty Financial (WLF) is ready to launch its mobile program as its USD1 stablecoin nears the first independent audit publication.
The company has also indicated the potential expansion of the utility of its WLFI governance token.
USD1 Market Cap Reaches $2.2 Billion
Since its launch in March 2025, World Liberty Financial USD1 is on course to become the fastest-growing USD1 stablecoin in the market with a market capitalization of $2.2 billion.
This growth has been attributed to the growing institutional interest level and a broader retail adoption. USD1 is secured with deposits in U.S. dollar, cash equivalents, and U.S. Treasuries.
In addition, the stablecoin runs on Ethereum, BNB Chain, and TRON networks, and the reserves custodian is BitGo.
It has multi-chain systems and an audited backing structure that have given it credibility among users. To ensure transparency, WLF has stated that it shall start to issue monthly reserve reports.
Subsequently in June, the project got a further increment upon dispersion of approximately 4 million USD1 of airdrop to a host of upward 85000 wallets.
This outreach campaign aimed at educating people and establishing trust within the framework of the stablecoin.
Institutional use cases have also been reported, with UAE-based MGX deploying USD1 in a $2 billion Binance investment.
World Liberty Financial Audit Report
More so, World Liberty Financial co-founder Zak Folkman announced on June 25 that the company’s first audit report for USD1 will be available within days.
The audit will provide an official assessment of the reserves backing the stablecoin. According to Folkman, the audit was conducted by an independent accounting firm and will be accessible on the company’s website.
Furthermore, this statement came during the Permissionless Conference in Brooklyn, where Folkman addressed the importance of financial transparency.
He noted that the audit WOULD support WLF’s commitment to accountability in the stablecoin space. Monthly reserve disclosures are also set to become standard practice for the platform.
New Mobile App to Target Retail Crypto Adoption
Alongside the audit, WLF plans to introduce a mobile app focused on simplifying crypto use for everyday investors.
The app will provide functionalities that will allow users to trade using USD1 and manage their positions more effectively.
According to Folkman, the concept of the platform is to provide a usable platform that merges traditional finance with blockchain.
Notably, this mobile app will be the firm’s first direct product aimed at retail users. The release is an extension of the larger rollout plan of WLF to improve usability and reach. Although Folkman did not give an exact launch date, he noted that the app is NEAR its last stage of development and could be launched soon.
WLFI Token Could Become Tradable Soon
In his address at the conference, Folkman also hinted at a potential modification to its platform governance token, WLFI.
He indicated that the presently non-tradable token can be tradable within the upcoming weeks. Presently, WLFI enables holders to vote on protocol changes and decision-making.
The token, released in 2025, has contributed to the earnings of the TRUMP family business. According to reports, in June, the Trump Organization cut its stake in World Liberty Financial to 40%, generating about $190 million.
According to available information, WLFI holders currently cannot trade the token on exchanges. When asked directly about whether WLFI would be listed, Folkman responded that observers should “pay attention” over the coming weeks, suggesting that an update may be imminent.
No official exchange listings or time frames have been confirmed at this stage. But as WLF pursued the tradability of WLFI, there was criticism by lawmakers and ethics groups.
Skeptics have issued criticisms over issues of conflict of interest, since the platform has connections to regulatory rollbacks in the cryptocurrency arena under the present administration.
However, WLF’s exploration of WLFI’s tradability came amid scrutiny from lawmakers and ethics groups.
Critics have raised concerns about conflicts of interest, given the platform’s ties to regulatory rollbacks in the crypto sector during the current administration.
