WLFI surges 10% after Apex stablecoin deal, outperforming BTC and ETH
WLFI, a token tied to World Liberty Financial, jumped 10% after a major asset servicer agreed to test its USD1 stablecoin.Summary
WLFI, the token associated with Trump-affiliated World Liberty Financial, surged approximately 10% after a $3.5 trillion asset servicer announced it would pilot the firm's USD1 stablecoin as a settlement rail for tokenized funds. This performance significantly outpaced Bitcoin and Ether, which were both down 0.5% at the time. The rally occurred as speakers at the World Liberty Financial forum at Mar-a-Lago promoted stablecoins as crucial for U.S. financial leadership. Senator Bernie Moreno stressed the need for lawmakers to pass a market structure bill quickly to ensure the U.S. leads in financial innovation. World Liberty Financial co-founder Zak Folkman described USD1 as an "institutional-grade dollar" featuring real-time proof of reserves via Chainlink, intended for real-world settlement and cross-border payments, starting with the U.S.-Mexico corridor. Folkman also linked the stablecoin's future utility to autonomous transactions by AI agents.
(Source：CoinDesk)