Catenaa, Wednesday, February 18, 2026- World Liberty Financial has announced last week plans to launch World Swap, a foreign exchange and remittance platform designed to lower cross-border transfer costs.
The service will connect users directly to debit cards and bank accounts worldwide, settling transactions at reduced fees compared with traditional providers, according to co-founder Zak Folkman at the Consensus conference in Hong Kong.
The company’s move builds on its existing stablecoin and decentralized finance infrastructure. World Liberty Financial recently launched World Liberty Markets, a lending platform using its USD1 stablecoin, which recorded more than $320 million in lending activity and $200 million in loans within four weeks.
The remittance service is expected to add a separate revenue stream to the firm’s growing crypto operations.
The expansion comes amid political scrutiny. Observers have raised questions about potential conflicts of interest given President Donald Trump’s role in US crypto policy and the family’s involvement in the venture.
Earlier reports indicated a UAE sheikh acquired a 49% stake in World Liberty Financial shortly before Trump’s inauguration, and a separate $500 million UAE-linked investment prompted a congressional inquiry. The White House has denied conflicts exist.
World Liberty Financial described the remittance service as a lower-cost alternative to traditional financial intermediaries, noting that more than $7 trillion moves globally between currencies annually. By offering blockchain-based settlement and digital rails, the company aims to compete with incumbent providers while expanding its footprint in the digital finance sector.
