Exclusive Interview with the WLFI Founding Team: Ending Bank Monopoly with USD1 Stablecoin, Truly Returning Finance to Users

Against the backdrop of traditional bank accounts being arbitrarily closed and the inefficiency of cross-border payments, World Liberty Financial (WLFI) is attempting to rewrite the rules of the game with its integrated financial application and its own stablecoin USD1. CEO Zach Witkoff and COO Zak Folkman candidly stated in an interview that their mission is to "end the banking monopoly and truly return finance to users," and revealed the complete blueprint from product design, RWA tokenization layout, to expansion into the Asian market.

From being "de-serviced" by banks to founding WLFI

Zach Witkoff was born into a real estate family in New York and witnessed the inefficiencies and lack of transparency of the traditional financial system from a young age. Two years ago, after encountering account terminations and platform bans from major U.S. banks, he decided to create a decentralized financial system centered around stablecoins with Donald Trump Jr. and Eric Trump.

"With stablecoins, no one can arbitrarily close your account, and no one can dictate who you can pay or why you can pay," Zach said. This concept became the starting point for WLFI - replacing the unilateral control of banks with technology and transparency.

USD1: The Fastest Growing Stablecoin and Integrated Applications

The core product of WLFI is USD1, a stablecoin pegged to the US dollar at a 1:1 ratio. It has surpassed a circulation of 2.4 billion USD just 90 days after its launch, with a single-day trading volume exceeding 500 million USD.

Chief Operating Officer Zak Folkman stated that the integration of USD1 with WLFI will combine functions such as transfers, spending, crypto trading, and card payments, allowing users to conduct global payments and manage crypto assets anytime and anywhere, even without a bank account.

Zak mentioned: "We want it to be as simple as Cash App, WeChat, or Venmo, while also incorporating features like crypto transactions, staking, and yield farming."

RWA tokenization and capital layout

WLFI is actively promoting the tokenization of real-world assets (RWA), covering real estate, oil and gas, and commodities. Zach stated that the team, with a background in traditional real estate, has a large asset portfolio that is very suitable for tokenization.

In addition, WLFI has reached an agreement with ALT5 Sigma, which will acquire 1.5 billion WLFI tokens and plans to hold and support them long-term, providing stable market demand and technical support for the USD1 ecosystem.

Demand-based cooperation with large CEX

In response to market rumors about a deep partnership between USD1 and a major CEX, Zach clarified that there is no equity or formal partnership between the two parties.

A $2 billion international settlement transaction was completed through USD1 in less than two seconds and with zero fees, demonstrating its advantages in large cross-border payments.

Asian Market and Global Expansion

WLFI regards Asia as a key growth market, and the team plans to announce significant news at international conferences such as Hong Kong, Korea Blockchain Week, and Token2049 in Singapore.

Zak said: "Asia has a large number of WLFI Token holders and partners, and we will spend more time here, engaging with the community face to face."

Views on Regulation and Crypto Policies

Zach believes that clear regulatory policies are crucial for the industry and appreciates the Genius Act promoted by the Trump administration, which clarifies market structure and reduces the motivation for companies to move their businesses overseas.

Zak added that Trump has facilitated a bipartisan consensus on cryptocurrency policy, even influencing improvements in the international regulatory environment.

Conclusion

From being "de-serviced" by banks to creating the world's fastest-growing stablecoin USD1, the story of WLFI itself is a challenge to the monopoly of traditional finance. Zach and Zak's goal is not only to provide a faster, more transparent, and more secure financial tool but also to build a global financial network where users truly hold asset sovereignty. With the advancement of RWA tokenization and the expansion plan into the Asian market, WLFI may become the next key player to disrupt the traditional financial order.