As blockchain projects grow in numbers each day, they are challenging traditional banking services like cross-border payments and foreign exchange. These are fields driving massive profits for banks and remittance giants, but high fees and slow processes make this a no to many.
World Liberty Financial (WLFI), the Trump-family-linked crypto venture, is stepping into this space with the announcement of World Swap, a new foreign exchange and remittance platform built around its USD1 stablecoin. Co-founder Zak Folkman revealed the plans on stage at the Consensus Hong Kong conference on February 12, 2026.
Targeting high fees in cross-border payments
World Swap aims to function as a blockchain-powered forex and transfer service, letting users convert currencies and send value internationally using USD1 as the core settlement layer.
Instead of competing only in crypto speculation, WLFI positions the platform as a practical alternative for everyday global money movement, connecting users directly to bank accounts and debit cards worldwide.
Folkman underscored that the goal is to slash the steep fees charged by traditional remittance providers, delivering faster and cheaper transfers. The interface is designed to feel like mainstream apps, reducing the usual crypto wallet complexity that turns off regular users.
USD1 as the foundation
At the heart of World Swap is USD1, WLFI’s dollar-pegged stablecoin. It has grown to over $5 billion in market capitalization recently, ranking among the top 25 cryptocurrencies, providing the deep liquidity needed for reliable currency swaps and settlements. This scale supports WLFI’s vision of turning USD1 into the backbone for a full range of financial products.
The World Swap launch fits into WLFI’s push to create a complete digital finance stack centered on USD1. Just weeks ago, the firm rolled out World Liberty Markets, a lending platform that quickly attracted hundreds of millions in activity, over $320 million in lending, and significant borrowing volume.
WLFI has also formed partnerships in decentralized finance to expand USD1’s reach across blockchains. Recent collaborations include work with Spacecoin on token swaps tied to satellite infrastructure and upcoming real-world asset (RWA) products that let institutional investors access tokenized traditional assets backed by USD1. A branded WLFI debit card is in the works too, enabling everyday spending on digital assets.
More details on World Swap are expected soon at an upcoming event at Mar-a-Lago later this month. With World Swap, WLFI is moving from a stablecoin issuer into a direct competitor to legacy forex and remittance players, blending blockchain speed and low costs with familiar financial features.
