The post WLFI Announces World Swap FX and Remittance Service appeared on BitcoinEthereumNews.com. U.S. President Donald Trump’s family-backed decentralized financeThe post WLFI Announces World Swap FX and Remittance Service appeared on BitcoinEthereumNews.com. U.S. President Donald Trump’s family-backed decentralized finance

WLFI Announces World Swap FX and Remittance Service

U.S. President Donald Trump’s family-backed decentralized finance (DeFi) platform World Liberty Financial (WLFI) announced that it will offer its users foreign exchange (FX) and money transfer services named World Swap. This platform aims to challenge traditional remittance and FX providers with low fees and a simple user interface. According to Bank of International Settlements (BIS) data, the daily global FX trading volume exceeded 9.6 trillion dollars in April 2025; according to the World Bank, personal remittances volume reached 892 billion dollars annually in 2024. No exact launch date has been specified.

Annual remittances volume from 1970 to 2024. Source: World Bank

WLFI Recent Developments and Discussions

WLFI’s this expansion follows the national trust bank charter application in January and the launch of the World Liberty Markets lending platform. According to the Wall Street Journal’s report in January 2025, UAE-based Aryam Investment 1 invested 500 million dollars for a 49% stake in WLFI; this investment occurred four days before Trump took office. Democratic representatives Ro Khanna, Stephen Lynch, and Maxine Waters initiated an investigation over concerns about national security threats and influence peddling. Trump stated that he was unaware, noting that his family manages the investments. Click for detailed WLFI analysis.

Representative Stephen Lynch on Wednesday questioned Securities and Exchange Commission Chair Paul Atkins about the World Liberty Financial deal and Trump’s crypto projects. Source: US House Committee on Financial Services

WLFI Technical Outlook

WLFI price is currently at the $0.11 level, up 4.41% in the last 24 hours. RSI at 30.93 is in the oversold region, but the overall trend is downward (Supertrend bearish). Resistance above EMA 20: $0.1266. Check WLFI futures.

  • Supports: S1 $0.0961 (Strong, 9.77% away), S2 $0.1063 (Strong, 0.19% away)
  • Resistances: R1 $0.1184 (Strong, 11.17% away), R2 $0.1434 (Strong, 34.65% away)

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/wlfi-announces-world-swap-fx-and-remittance-service

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