WLFI launches currency exchange and money transfer platform

World Liberty Financial, a company backed by Donald Trump, has announced the launch of its World Swap FX platform, designed to simplify international money transfers.
World Swap will be built on the company s USD1 stablecoin and will directly connect users to bank accounts and debit cards.
Speaking at the Consensus Web3 conference in Hong Kong, WLFI co-founder Zak Folkman stated that global transfer fees would be significantly lower than those charged by traditional financial institutions.