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Reading: Trump-backed World Liberty to Publish Stablecoin Audit, Enable WLFI Transfers
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Trump-backed World Liberty to Publish Stablecoin Audit, Enable WLFI Transfers

rahulbadiyafad150c105
Last updated: June 26, 2025 2:19 pm
rahulbadiyafad150c105
Published: 11 months ago
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World Liberty Financial, the crypto venture backed by U.S. President Donald Trump, is set to release an audit of its stablecoin and is hinting at upcoming changes to its governance token, WLFI.

Contents
  • WLFI Set to Become Transferable
  • Trump Rakes In Major Earnings from Crypto

Speaking at the Permissionless conference in Brooklyn on Wednesday, co-founder Zak Folkman revealed that the project had recently received its first attestation report from an independent accounting firm. He said the report would be published on the project’s website “within the next few days.”

Folkman also teased a potential change to the WLFI token, which currently grants governance rights but remains nontransferable. “I don’t want to give away too much,” he said, “but if you pay attention over the next couple of weeks, I think everyone… is going to be very, very happy.”

Additionally, World Liberty is preparing to launch a new app designed to make crypto more accessible for retail users—part of a broader push to expand its reach ahead of the upcoming election season.

Source: Permissionless

WLFI Set to Become Transferable

In a recent post on X, World Liberty Financial confirmed that its WLFI token may soon become transferable, responding to increasing demand from its community.

“You asked to make $WLFI transferable — we heard you,” the project announced, noting that the team is actively working behind the scenes to implement the change. The post ended with a teaser: “big news coming soon.”

Source: WLFI

The announcement sparked mixed reactions across the community. While some welcomed the possibility of finally acquiring WLFI, others voiced skepticism about the timing and intent behind the move.

“Translation: Team is trying to dump their supply,” wrote X user Clemente. Another user added, “Not just the team but retail investors and foreigners. The American middle class will jump in to hold the bag, as usual.”

Trump Rakes In Major Earnings from Crypto

Donald Trump has reported earning $57.4 million from his involvement with World Liberty Financial, according to his 2025 financial disclosure filed with the Office of Government Ethics. The former president holds over 15 billion WLFI governance tokens in the project, which carry voting rights. His income is attributed to the sale of these tokens.

Since its launch in September 2024, World Liberty Financial has raised $550 million through two public token sales. The platform positions itself as a challenger to traditional finance, offering DeFi services and a dollar-pegged stablecoin.

The project has drawn attention from major crypto players. Tron founder Justin Sun invested $30 million in WLFI tokens, while Web3Port contributed $10 million. Oddiyana Ventures also joined as a backer in early 2025.

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TAGGED:AuditBitcoin PriceBlockchaincryptocurrenciesStablecoinTRUMPWLFIWorld Liberty

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