World Liberty Financial preps a stablecoin launch, focusing on compliance and security as Trump-linked whale bets stir market anticipation
With the U.S. presidential election less than a week away, former President Donald Trump’s cryptocurrency project, World Liberty Financial , is reportedly preparing to launch its own
Sources close to the project suggest that while the coin is still in development, its launch could be delayed. According to insights shared with Decrypt, the team is prioritizing safety and regulatory compliance before bringing the stablecoin to market. Notably, WLF appointed Rich Teo, co-founder of stablecoin issuer Paxos earlier this month. This indicated that the project’s pivot towards a stablecoin may have been in the works for some time.the WLFI token. The project initially white-listed over 100,000 accredited investors with ambitious plans to raise $300 million from the initial token sale.data from Lookonchain revealed that large investors were making substantial bets on Trump’s success in the 2024 U.S.
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