Seoul, South Korea – The Trump-backed project World Liberty Financial (WLFI) has announced plans to launch its new debit card in the near future. According to co-founder Jack Folkman, who spoke at Korea Blockchain Week, the card will be integrated with Apple Pay, enabling users to directly spend their $USD1 stablecoin.
The initiative goes beyond just the card. WLFI is also preparing to roll out a retail application that will combine Venmo-style payments with Robinhood-like trading features, aiming to bridge the gap between traditional finance and decentralized markets.
Folkman emphasized that WLFI has no intention of creating its own blockchain. Instead, the project will remain chain-agnostic and operate on existing infrastructures.
Recently, the company signed a memorandum of understanding (MoU) with South Korea’s leading exchange Bithumb, though details of the partnership have not been disclosed.
On the market side, WLFI’s token performance has been disappointing. Since its launch in September 2025, the $WLFI token has dropped by 37%, currently trading at $0.21. Even after the latest product announcements, the token fell another 10.28%. Despite this, Folkman remains optimistic about the project’s long-term potential.
It is worth noting that the WLFI project was launched with the support of the Trump family. The ecosystem is built around two types of digital assets — the $WLFI governance token and the $USD1 stablecoin. The goal is to create user-friendly products that seamlessly connect traditional finance with the blockchain market.
