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2h ago

Trump-Backed World Liberty Financial Sets Debit Card Pilot for Next Quarter

The announcement marks a push into everyday spending via a WLFI-driven ecosystem with the USD1 stablecoin.

Zach Witkoff, Co-Founder and CEO of World Liberty Financial delivers remarks, as Eric Trump applauds, before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market, in New York City, U.S., August 13, 2025. REUTERS/Eduardo Munoz
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Overview

  • CEO Zach Witkoff said the pilot will begin next quarter with the card targeted to go live in Q4 2025 or Q1 2026.
  • Witkoff made the announcement at the TOKEN2049 conference in Singapore during a panel with co-founder Donald Trump Jr.
  • World Liberty Financial is backed by the family of U.S. President Donald Trump.
  • The WLFI governance token launched at the start of the month as the project expands its ecosystem.
  • The company is exploring tokenisation of real estate, oil and gas, and commodities, and it previously outlined a USD1 stablecoin backed by U.S. Treasuries and other cash equivalents.