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.