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World Liberty Financial, the crypto venture backed by Donald Trump’s family, whose USD1 stablecoin has grown to $5.3 billion in market value and ranks fifth among all stablecoins globally announced the World Swap forex platform at Consensus Hong Kong this week, targeting the trillion-dollar foreign exchange market with a blockchain-powered alternative to traditional remittance providers.
The announcement was made this week at Consensus Hong Kong by co-founder Zak Folkman, as the company seeks entry into the world’s largest and most liquid financial market.
The World Swap forex platform will operate within World Liberty’s USD1 stablecoin ecosystem, positioning the token at the center of cross-border payments and global money transfers. The move comes less than a month after the firm introduced its onchain lending and borrowing service, signaling an accelerated expansion strategy.
World Liberty Financial is aiming to capture a portion of the trillion-dollar global foreign exchange sector through the World Swap forex platform, which is designed to streamline international transfers by connecting users directly to global bank accounts and debit cards.
“The crypto venture associated with the Trump family plans to roll out World Swap, a forex platform built around its USD1 stablecoin ecosystem,” — Zak Folkman, Co-founder, World Liberty Financial, at Consensus Hong Kong.
According to Folkman, the World Swap forex platform seeks to reduce complexity and lower transaction fees compared to traditional remittance providers. By embedding stablecoin liquidity into fiat banking channels, the company intends to offer a hybrid infrastructure combining blockchain efficiency with regulated financial systems.
The global foreign exchange market processes trillions of dollars in daily volume, making it the largest financial market worldwide. World Liberty’s entry reflects a broader industry push to modernize legacy settlement systems using blockchain-based rails.
The launch of the World Swap forex platform follows the recent debut of World Liberty’s lending and borrowing platform, which offers users onchain yield and liquidity. Leadership expects these services to drive adoption of USD1, the company’s dollar-pegged stablecoin.
Since launch, USD1 has gained approximately $1.8 billion in market value, reaching $5.3 billion and ranking fifth among stablecoins by market capitalization, according to CoinGecko data.
The expanding ecosystem is designed to reinforce demand for USD1 as a settlement asset within the World Swap forex platform, creating an integrated financial environment that combines decentralized finance tools with traditional payment networks.
The World Swap forex platform initiative also aligns with World Liberty Financial’s international outreach efforts. Last month, Pakistan and SC Financial Technologies affiliated with World Liberty signed a memorandum of understanding to explore integrating USD1 into Pakistan’s regulated financial framework.
As blockchain-based remittance solutions gain traction globally, World Liberty is betting that stablecoin-powered forex infrastructure can compete with established financial intermediaries. The rollout of the World Swap forex platform marks its most direct challenge yet to conventional cross-border payment models.
