Trump World Liberty Financial (WLFI) Debit Card and App Launching Soon

World Liberty Financial (WLFI), a crypto venture backed by the Trump family, is preparing to launch a debit card and retail app linked to its USD1 stablecoin and Apple Pay.

The announcement was made by co-founder Zak Folkman at Korea Blockchain Week 2025 in Seoul, signaling a significant push into mainstream crypto payments and finance.

World Liberty Financial Debit Card Coming Soon

The upcoming debit card aims to make crypto spending easy for everyday users. It will be connected to USD1 stablecoin and Apple Pay, allowing users to make transactions in a familiar, convenient way. The accompanying app is designed to function like a combination of “Venmo meets Robinhood,” offering both payments and simple investing in one platform.

Source: The Martini Guy X

This move is part of World Liberty Financial's broader plan to bridge traditional finance (TradFi) with decentralized finance (DeFi), bringing digital currency to more users worldwide.

Launch Announcement and Details

The news was officially revealed at Eastpoint Seoul, a prestigious Web3 conference attended by more than 7,000 participants. The keynote of Zak Folkman emphasized the vision of Trump supported by World Liberty.

Speed, convenience, and accessibility are the core values of World Liberty and help to make the stablecoins easier to adopt in everyday life. Combining with Apple Pay, the company aims to offer a smooth experience like conventional payment apps, but with the addition of crypto features to the regular user.

Source: WLFI Co-Founder X

WLF I Token Background

The Trump family owns a majority of tokens and has a 60% stake in the company. The project has collected over $550 million, which has earned it approximately $400 million in fees. However, WLFI token price has been highly volatile since launch. This has created concerns over stability and long-term sustainability.

Moreover, the critics have pointed out that the governance of the project is centralized, and the governance tokens are not tradeable, which diminishes the DeFi authenticity of the project even though the project aims at integrating traditional finance with decentralized systems.

How WLFI Partnership with Bithumb Relates to the Launch?

The strategic partnerships of WLFI include its recent MOU with Bithumb, a prominent crypto exchange in South Korea. Such a collaboration will help the project grow in Asia, particularly the South Korean crypto market, which is estimated at $10 billion, and coincides with the launch of its debit card and app.

Through the collaboration with Bithumb, WLFI will be able to utilize local knowledge, compliance, and infrastructure, which will make the extension of its services to new markets easier.

Source: WLFI Official X

Other Aspects

Trump WLFI token is supported by an institution and high-profile investors such as Justin Sun. The other co-founder, Zak Folkman, had previously founded Dough Finance, which was hacked and lost $2 million, creating security issues. There have also been warnings of possible wallet blacklists and token volatility by the users.

The introduction coincides with more general economic changes, such as an increase in gold prices by 90% and slower job growth in the United States, which can make people consider the use of stablecoins as an alternative financial instrument. The token will deliver audited stablecoins to gain the trust and credibility of users.

Conclusion

The next debit card and app by President Donald Trump, World Liberty Financial, is a radical move to introduce crypto payments to the mainstream. Although token volatility and security concerns of the past are still problems, the company has robust support and partnerships in the expanding digital finance landscape.