World Liberty Financial’s Big Announcements: WLFI Token Transferability, USD1 Stablecoin Audit

By Marco Piccolo

eToro

Key highlights:

  • World Liberty Financial is working to make its WLFI governance token transferable, marking a shift from its original non-transferable model.
  • The project will soon release the first audit report for its USD1 stablecoin, which is said to be fully backed by cash and short-term U.S. Treasuries.
  • The updates come amid increased interest from corporate entities and political ties to former President Donald Trump.

WLFI token may soon become tradable

World Liberty Financial, the crypto project closely linked to U.S. President Donald Trump and his family, has signaled major changes to its ecosystem. In a recent post on X, the team revealed that its native WLFI token may soon become transferable:

“You asked to make $WLFI transferable — we heard you. The team is working behind the scenes to make it happen. Big news coming soon.”

Originally issued as non-transferable and non-tradable, the WLFI token currently functions as a governance asset, giving holders the ability to vote and propose changes. Making WLFI transferable would mark a significant shift, opening the door to secondary market trading and price speculation.

Co-founder Zak Folkman reinforced the message during a speech at the Permissionless conference in Brooklyn, stating, “I think everyone… is going to be very, very happy,” though he stopped short of sharing technical details or a timeline. The announcement sparked mixed reactions online, with some welcoming the move and others accusing the project of planning to offload tokens onto the public.

The project has raised $550 million through two public sales since its September 2024 launch and is backed by notable crypto figures, including Justin Sun and Web3Port. Trump himself reportedly holds over 15 billion WLFI tokens and has earned $57.4 million from related sales, according to recent financial disclosures.

USD1 stablecoin audit report set for release

In parallel with the WLFI developments, World Liberty Financial is preparing to publish the first attestation report for its USD1 stablecoin. Launched in March 2025, USD1 is said to be fully backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents.

Speaking to Blockworks, Folkman confirmed that an external accounting firm has completed the attestation, and the report will be available on the project’s website “within the next few days.” The audit aligns with growing U.S. regulatory focus on stablecoins, an area Trump has expressed support for.

Earlier in June, World Liberty distributed USD1 tokens to WLFI holders in a test of its onchain airdrop capabilities, a move intended to promote adoption of the stablecoin.

These developments come alongside the rollout of World Liberty’s new mobile app, which aims to simplify crypto usage for retail participants—a strategic move likely tied to expanding appeal during an election year.

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Source:: World Liberty Financial's Big Announcements: WLFI Token Transferability, USD1 Stablecoin Audit

Updated: June 26, 2025 at 5:16 pm
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