Trump-linked World Liberty Financial to Enter FX and Remittance Market

World Liberty Financial (WLFI), a decentralized finance platform backed by the family of US President Donald Trump, announced it will launch foreign exchange and remittance services called World Swap, aiming to challenge traditional providers with lower fees and a simplified user interface.

No exact timeline was given for the rollout. Data underline the scale of the market WLFI is entering: the Bank for International Settlements showed daily global FX trading volume surpassed $9.6 trillion in April 2025, while World Bank figures put personal remittances at about $892 billion in 2024.

The move follows WLFI’s January application for a national trust bank charter and the launch of World Liberty Markets, a lending platform, as the firm expands amid growing attention from Democratic lawmakers. In January the Wall Street Journal reported that an investment vehicle registered in the United Arab Emirates purchased a 49% stake in WLFI for $500 million four days before the Trump inauguration on Jan.

United States

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