Guys, big news just dropped for anyone who sends/receives money abroad! 🌍💸
Trump-linked World Liberty Financial (WLFI) announced they’re launching World Swap — a new forex/remittance platform built around their USD1 stablecoin.
The co-founder Zak Folkman said at Consensus Hong Kong today that it’ll make cross-border transfers super easy and cheap — directly taking on those old remittance companies that charge 2-10% fees every time! 😤
Imagine sending dollars to family back home almost instantly, like using Easypaisa or JazzCash, but with crypto speed and way lower costs. They’re building a full suite around USD1 (already have lending platform pulling in hundreds of millions).
More details coming this month at a Mar-a-Lago event. This could be game-changing for remittances in Pakistan and beyond.
What do you think — ready to ditch high fees? 🚀
