‘Wu Talks with WLFI CEO and COO: Ending Bank Hegemony and Returning Financial Control to Users’ Two years ago, Trump and Eric were feeling down because their bank accounts were frozen, so they started discussing solutions. They needed a more democratic system, with stablecoins at its core. This became the starting point and goal of WLFI—to prevent their accounts from being terminated by banks and to provide financial tools for those who are underbanked or completely unbanked.