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World Liberty Financial to launch debit card as early as this year
World Liberty Financial plans to launch a debit card and tokenized assets to expand crypto use, with its USD1 stablecoin ranking as the fifth-largest globally.
- This year, World Liberty Financial plans to launch a debit card with a pilot next quarter and live in Q4 or Q1'26, CEO Zach Witkoff said.
- World Liberty aims to expand DeFi access by developing tokenised commodities integrated with its USD1 stablecoin to enable financial services without intermediaries like banks.
- Market moves such as the ALT5 deal underscore USD1 stablecoin's rise as the fifth-largest with $2.7 billion market capitalisation and a $750 million $WLFI token exchange for shares.
- Opponents have criticised the venture, saying opposition lawmakers accused it of corruption and conflicts of interest, while Donald Trump Jr., co-founder, insisted World Liberty Financial is a commercial, not political, organisation.
- Looking beyond cards, executives say they are onboarding users globally as CEO Zach Witkoff said USD1 will launch on the Aptos blockchain, a Move-based network.
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Trump-linked World Liberty Financial to launch debit card as early as this year - Hawaii Tribune-Herald
SINGAPORE — World Liberty Financial, a crypto venture backed by the family of President Donald Trump, plans to launch a debit card as early as this year, CEO Zach Witkoff told a crypto conference on Wednesday.
World Liberty Financial to launch debit card as early as this year
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, plans to launch a debit card that would “bridge crypto assets with everyday spending”, its CEO Zach Witkoff told a conference on Wednesday.Read MoreThe post World Liberty Financial to launch debit card as early as this year first appeared on The Who Dat Daily.
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Total News Sources13
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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