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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]
Trump Family's World Liberty Financial Platform Gears Up To Introduce Debit Card, Retail App: Report
Yahoo Finance· 2025-09-23 09:52
Core Insights - World Liberty Financial, a cryptocurrency venture associated with the Trump family, is set to launch a debit card and a retail application [1][2] Group 1: Upcoming Offerings - The debit card will enable users to connect their World Liberty Financial USD (USD1) stablecoin and app to Apple Pay, with the launch date yet to be announced [2] - The retail app is described as a combination of peer-to-peer payment features and trading elements, similar to Venmo and Robinhood, and is expected to complement the debit card [3] Group 2: Company Positioning - World Liberty Financial will not launch its own blockchain, emphasizing neutrality in chains, technology, and distribution platforms [4] - The company has become a significant business for the Trump family, with the WLFI token's trading debut resulting in billions in paper fortune [4] Group 3: Market Performance - The WLFI token experienced a decline of 34% from its opening price and 55% from its all-time high, leading to a loss of approximately $6.33 billion in investor wealth since its peak at $0.46 [5] Group 4: Political Engagement - World Liberty Financial is supporting the Digital Freedom Fund PAC, led by the Winklevoss Twins, to promote President Donald Trump's cryptocurrency agenda and aims to position the U.S. as the "world's cryptocurrency capital" [6]