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Trump-Backed WLFI to Roll Out Apple Pay-Ready Debit Card and Retail App, Signs Bithumb MOU

The move targets South Korea’s crypto market through a new Bithumb pact.

Overview

  • Co-founder Zak Folkman said a debit card linking the USD1 stablecoin and the WLFI app to Apple Pay will launch “very soon.”
  • A new consumer app described as “Venmo meets Robinhood” will combine peer-to-peer payments with simple trading tools.
  • WLFI signed a memorandum of understanding with South Korea’s Bithumb to explore collaboration as it expands in Asia, with specific plans yet to be disclosed.
  • Executives reiterated the project will remain chain-agnostic and “will never” launch its own blockchain.
  • Market conditions are mixed, with the WLFI token hovering near $0.20 after a drop of roughly 34–37% since launch while the USD1 stablecoin has grown to around $3 billion across multiple chains.