Headline: Trump-linked WLFI teases "World Swap" forex platform as it builds out USD1 ecosystem At Consensus Hong Kong, Zak Folkman, co-founder of WLFI — the Trump-family-linked crypto project trading around $0.1060 — announced plans for a foreign exchange product called World Swap. Folkman positioned the upcoming service as part of a broader push to turn WLFI into a full-stack financial ecosystem built around its USD1 dollar-pegged stablecoin. Folkman said the company aims to simplify cross-border transfers and the user experience of crypto wallets, enabling users to send and receive digital dollars much like mainstream payment apps. He framed World Swap as a challenge to incumbent remittance providers that typically charge between 2% and 10% per transfer, suggesting the new forex rail could offer lower-cost alternatives for moving money across borders. World Swap will join other recent WLFI initiatives. Folkman highlighted World Liberty Markets, a lending platform the project launched that he says has pulled in “hundreds of millions” in deposits within weeks of going live. He also noted partnerships with decentralized finance protocols designed to expand USD1’s on-chain utility. According to Folkman, USD1 is backed by cash and cash equivalents. Further announcements are expected at a Mar-a-Lago event later this month, Folkman said on stage. Crypto Twitter observers reported in late January that AMG Software Solutions LLC — a Puerto Rico-based company that holds WLFI’s intellectual property — filed trademarks linked to World Swap, lending credence to the forex plans. Taken together, the moves underscore WLFI’s ambition to layer payments, lending and DeFi integrations around a dollar-pegged token — a strategy that could put it in direct competition with traditional remittance corridors if World Swap and the other products scale as the project claims. Read more AI-generated news on: undefined/news

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