World Liberty Financial retail app
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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]