WLFI rises 10% following Apex stablecoin agreement, exceeding the performance of BTC and ETH.

WLFI Token Gains After Stablecoin Announcement

WLFI, a token linked to Trump-associated World Liberty Financial, experienced a rise of about 10% following the announcement that the $3.5 trillion asset servicing company would test its $1 stablecoin as a payment method for tokenized funds.

Data from CoinDesk reveals that during the Asian morning, WLFI’s increase surpassed declines seen in Bitcoin and Ether, which were both down by roughly 0.5%.

This climb coincided with discussions at the World Liberty Financial Forum held at Mar-a-Lago, where speakers emphasized the significance of stablecoins in maintaining U.S. financial supremacy.

“In the next five years, the financial landscape will transform greatly compared to the past 50 years,” stated Sen. Bernie Moreno (R-Ohio) at the event. He raised a pertinent question: Would this innovation occur in America or elsewhere?

Moreno highlighted the urgency for lawmakers to finalize the market structure bill within 90 days, indicating that clear regulations on digital assets are essential for the U.S. to remain at the forefront of financial innovation, rather than losing it to other countries.

Also addressing attendees was Coinbase CEO Brian Armstrong, who pointed out that the slow progress is mainly due to banking associations, rather than individual banks.

World Liberty Financial co-founder Zach Folkman described USD1 as more than a traditional retail stablecoin, calling it an “institutional-grade dollar” aimed at real-world transactions and international use.

“Building an institutional dollar was our goal,” Folkman emphasized. He mentioned that the token will feature “real-time proof of reserves powered by Chainlink,” enabling users to verify on-chain backing.

Earlier in February, Folkman previewed the upcoming World Liberty Forex platform at the Hong Kong Consensus event.

During Wednesday’s discussions, Folkman explained that USD1 serves as a global payment bridge, initially focusing on the U.S.-Mexico corridor before potentially expanding to cover up to 40 currencies. “Think of it as a dollar that acts as a payment bridge,” he added.

Looking ahead, Folkman connected the use of stablecoins with the emerging world of AI-driven commerce.

“We’re stepping into a realm where AI agents will need to transact on their own,” he noted. “While AI agents can’t open bank accounts or write checks, they can certainly hold stablecoins.”