WLFI Unveils World Swap Amid Political Tensions and Regulatory Scrutiny
February 12, 2026
World Liberty Financial unveiled World Swap, a remittance and forex platform designed to slash remittance costs, speed up settlements, and expand crypto payment services globally, powered by the USD1 stablecoin.
WLFI also touted World Liberty Markets, its lending platform, as attracting hundreds of millions in deposits within weeks, signaling strong ecosystem momentum.
Co-founder Zak Folkman teased a World Swap forex product at Consensus Hong Kong as part of WLFI’s USD1-backed ecosystem.
A House Select Committee is demanding internal WLFI documents by early March 2026, intensifying scrutiny over the UAE connection and its influence on policy and governance.
President Trump claimed he had no personal knowledge of the UAE deal during a White House press conference, underscoring ongoing political tensions around WLFI.
WLFI faces ongoing regulatory attention and political controversy tied to its funding and ownership structure amid the probe.
The article includes a disclaimer about The Block’s independence and financial disclosures.
WLFI plans further product announcements at a March event at Mar-a-Lago, signaling continued rollout of its offerings.
The March Mar-a-Lago event is expected to feature additional WLFI product news and updates.
Related market moves involving Strategy (STRC) are noted as context but not central to WLFI’s announcements.
The remittance rollout could create a new revenue stream amid political scrutiny of the Trump family’s crypto ventures and policy considerations.
This summary reflects the article as of February 12, 2026.
Summary based on 8 sources
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Sources

CoinDesk • Feb 12, 2026
Trump-linked WLFI's Zak Folkman teases forex platform at Consensus Hong Kong
Cointelegraph • Feb 12, 2026
Trump-Linked World Liberty Financial To Enter Foreign Exchange Market
Investing.com • Feb 12, 2026
Trump-linked World Liberty Financial to launch forex remittance platform
The Block • Feb 12, 2026
Trump-backed World Liberty Financial to roll out foreign exchange remittance service: report