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World Liberty Financial Plans Debit Card with Seamless USD1 Stablecoin Transactions
Yahoo Finance· 2025-09-23 09:56
Core Insights - World Liberty Financial (WLFI) is launching a debit card that will facilitate transactions for its USD1 stablecoin, integrating with Apple Pay [1] - The debit card will be part of a retail application that combines peer-to-peer payments and trading features [1] - WLFI aims to remain chain-agnostic and will not develop a proprietary blockchain [2][3] Product Development - The debit card will allow users to link their USD1 stablecoin and the World Liberty Financial app to Apple Pay [1] - The upcoming retail application is described as a blend of "Venmo meets Robinhood" [1] - WLFI has signed a memorandum of understanding with Bithumb for future business collaborations [5] Market Performance - WLFI's token has been under selling pressure, trading around $0.20, down 35% since its launch on September 1 [3] - A significant token burn of 47 million WLFI tokens occurred earlier this month, yet the token's momentum remains weak [4] - Key price levels for potential accumulation are identified at $0.2088, $0.1973, and $0.1855, with a bullish breakout above $0.2399 seen as a positive signal [4] Long-term Outlook - The company expresses confidence in the long-term value increase of WLFI as it expands its product offerings [5] - Market volatility is acknowledged as a factor affecting WLFI's token value [5]