World Liberty Financial (WLFI), a project that is linked to US President Donald Trump, speeds up his international strategy with new alliances and product launches aimed at mainstream adoption.
Bithumb Partnership
On September 23, the South Korean Crypto exchanging Bithumb unveiled. signed A memorandum of understanding with WLFI to expand opportunities in decentralized financing.
The agreement is designed to give both companies a broader market access, to strengthen the trust of investors and to expose each side to the other base of the other.
Bithumb CEO Lee Jae-Won described the deal as a milestone for the worldwide competitiveness of the Exchange, and added that the company is planning to build strategic networks in different regions.
The agreement follows WLFI’s earlier Mou with the Pakistan Crypto Council, which reflects the pressure of the project to go beyond his American roots.
Together these movements reflect a coordinated effort to get a stronger foot on the fast-growing crypto ecosystem of Asia.
WLFI’s payment card
In addition to this expansion movement, WLFI is preparing to roll out products on consumer -oriented products to strengthen the acceptance of the platform.
On September 22, Jacquelyn Melinek, the founder of Token Relations, stated That the co-founder of WLFI, Folkman, participants in the Impact Conference in Seoul told that the company will soon introduce a debit card integrated with Apple Pay.
With the product, users can issue WLFIs USD1 Stablecoin directly in daily transactions. This development can increase the usefulness of token and possibly increasing market capitalization of the current level of $ 2.69 billion.
Apart from that, Melinek stated that Folkman has unveiled plans for a retail payment app that combines functions of Venmo and Robinhood. This application is intended to make crypto payments more accessible to everyday users and also to strengthen the acceptance of the emerging industry.
Despite these announcements, the WLFI prize has struggled in recent weeks.
According to the last 24 hours, it was about 4% to $ 0.2058, according to CryptoSlate Data, which expanding a decrease of a month of approximately 10%.
This price promotion loosely reflects the wider market sentiment that Bitcoin and Ethereum has influenced, resulting in the historic market liquidation of 22 September $ 1.7 billion.
