February 12 News, a cryptocurrency project related to the Trump family, WLFI, announced the launch of a foreign exchange platform called World Swap. The announcement was disclosed by co-founder Zack Folkman at the Consensus conference held in Hong Kong, China, quickly attracting market attention.
The launch of World Swap signifies that WLFI is officially entering the digital foreign exchange and cross-border payment sector. The platform will build multiple application scenarios around its core stablecoin USD1, aiming to create an integrated financial system covering payments, lending, and exchanges. According to Zack Folkman, WLFI plans to hold an event later this month at Mar-a-Lago in the United States, where more product roadmaps and partnership developments will be announced.
Zack Folkman stated that the current complexity of crypto wallet operations and the high costs of cross-border transfers are key factors hindering large-scale user adoption. The goal of World Swap is to enable users to send and receive digital dollars as easily as using mainstream payment apps and to quickly exchange between different fiat currencies, directly challenging the high fees of traditional remittance services, which typically range from 2% to 10%.
From an ecosystem perspective, WLFI centers around the USD1 stablecoin, which is pegged 1:1 to the US dollar and backed by cash and cash equivalents, emphasizing transparency and security. Around this asset, WLFI has launched the World Liberty Markets lending platform, which attracted hundreds of millions of dollars in deposits within weeks of going live. The project has also established partnerships with multiple decentralized finance protocols to expand the practical use cases of the token.
Notably, in late January 2026, the crypto community discovered that AMG Software Solutions LLC, based in Puerto Rico and holding the WLFI intellectual property, had registered multiple trademarks related to World Swap. This move is seen as an important signal that the project is accelerating its layout in digital foreign exchange, stablecoin payments, and cross-border financial markets.
As World Swap approaches launch, WLFI’s influence in stablecoin payments, crypto foreign exchange, and cross-border fund flows is expected to continue expanding.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CertiK Tightens KYC and Strengthens Oversight After Huione Backlash, CEO Denies IPO Plans
CertiK has enhanced its client checks and monitoring following criticism related to an audit of a project linked to the illicit Huione marketplace. CEO Ronghui Gu emphasized the need for institutional-level standards in response to evolving risks, despite currently having no plans for a public listing.
TheNewsCrypto19m ago
Ripple President Frames 2026 as Institutional Adoption at Scale for Ripple and XRP
Ripple President Monica Long has described this year as a defining period for Ripple and XRP due to institutional adoption at scale
Key Points
Ripple President Monica Long has declared this year a turning point for institutional adoption at scale.
She expects the full impact of this adoption p
TheCryptoBasic25m ago
Ripple CEO Garlinghouse Reassures XRP Community Amid Market Struggles
Ripple’s CEO, Brad Garlinghouse, recently addressed the ongoing turbulence in the cryptocurrency market, emphasizing XRP’s importance to the company’s future. During his appearance on X Spaces, Garlinghouse reassured the community that XRP remains central to Ripple’s operations. Despite the market’s
CryptoBreaking46m ago
Pi Coin News: Pi Network Mainnet Nodes Mandatory Upgrade Countdown, System Update Must Be Completed by February 15
February 12 News, Pi Network has set a final deadline for the mainnet node upgrade. The Pi core team confirmed that all mainnet nodes must complete the system update by February 15, 2026, or risk disconnecting from the network. This upgrade is part of the overall protocol evolution, with node software being upgraded from version 19.1 to 19.6, aiming to improve stability and pave the way for subsequent features.
The team initially planned to complete the upgrade by February 12, but due to network congestion and technical challenges, the deadline was extended to February 15. Officially, this upgrade is the first step in a multi-phase process, with new versions to be released gradually to improve the mainnet architecture and enhance security.
GateNewsBot47m ago
Up to 12% cashback! Fat Penguin launches a crypto payment card, Pengu Card tier benefits available at a glance
Pengu Penguin collaborates with Visa and KAST to launch the Pengu Card, a crypto payment card supporting 170 countries worldwide, focusing on stablecoin transactions and up to 12% cashback. The card comes in three tiers, offering attractive cash rebates and annualized deposit yields, with a waitlist registration now open. Successful referrals can earn a premium card. This marks Pengu Penguin's entry into the retail financial market, enabling users to pay with crypto assets in their daily transactions.
CryptoCity56m ago
X Money beta is about to be released! Elon Musk: Aiming to become a currency trading center
Elon Musk announced at the xAI all-hands meeting on Wednesday that X Money plans to launch in the next 1 to 2 months as a "limited beta," currently undergoing closed testing within the company. He described X Money as a "game changer" that will become a hub for all funds and currency trading. X has 1 billion installed users and approximately 600 million monthly active users. X Money aims to integrate social, communication, content, and financial services.
MarketWhisper1h ago
