Trump’s Crypto Coin Outshines BTC & ETH? WLFI Soars 10% – Mar-a-Lago Magic?

by

Markets

What to know (or how to make your head spin with crypto drama):

  • WLFI, the token that’s basically Trump’s crypto baby, jumped a cool 10% after some big-shot $3.5 trillion asset servicer decided to play with its USD1 stablecoin. Because nothing says “financial innovation” like a stablecoin named after a dollar bill, right?
  • At a Mar-a-Lago shindig (because where else would this happen?), Sen. Bernie Moreno and Coinbase CEO Brian Armstrong were all like, “Pass that crypto bill, STAT!” Because apparently, America’s financial leadership hinges on whether we can all agree on what a digital asset even is. Spoiler: We can’t.
  • Zak Folkman, the co-founder of World Liberty Financial, was there pitching USD1 as the stablecoin to rule them all. Real-world settlement, cross-border payments, AI commerce-you name it, USD1’s got it. Oh, and it’s got “real-time on-chain proof of reserves,” which is just a fancy way of saying, “Trust us, we’re not pulling a fast one.” Yet.

So, WLFI, the token that’s basically Trump’s crypto side hustle, shot up 10% after some asset servicer giant said, “Hey, let’s test this USD1 thing.” Meanwhile, Bitcoin and Ether were like, “Meh,” and took a 0.5% nap. Asia morning hours, folks-when the crypto world wakes up and decides to have a little fun.

All this happened while the cool kids were at Mar-a-Lago, talking about how stablecoins are the future of American financial dominance. Because nothing says “innovation” like a room full of people in suits discussing blockchain at a golf resort.

“The financial system is going to look completely different in five years,” Senator Bernie Moreno declared, probably while sipping a Diet Coke. “Will it happen here or somewhere else?” he asked, dramatically. Somewhere else, Bernie. Let’s be real.

And then there was Coinbase CEO Brian Armstrong, blaming banking trade groups for the crypto bill stalemate. Because it’s always someone else’s fault, isn’t it, Brian?

Zak Folkman, meanwhile, was busy hyping USD1 as the stablecoin equivalent of a Swiss Army knife. “It’s not just a retail stablecoin,” he said, “it’s an institutional-grade dollar.” Sure, Zak. Whatever helps you sleep at night.

“Real-time proof of reserves, powered by Chainlink,” he added, because nothing screams “trustworthy” like a blockchain verification system. Unless it’s hacked. Then it screams “oops.”

Oh, and let’s not forget the World Liberty Forex platform, which Folkman teased earlier. Because what the world really needs is another forex platform. Said no one ever.

But wait, there’s more! USD1 is going global, starting with the U.S.-Mexico corridor and expanding to 40 currencies. Because why stop at one country when you can confuse 40?

And the pièce de résistance? AI agents. “AI can’t open bank accounts, but they can hold stablecoins,” Folkman said. Because nothing says “future-proof” like giving AI control over your money. What could possibly go wrong?

“We’re building a complete financial system,” he concluded. Bold claim, Zak. Let’s just hope it doesn’t collapse faster than a house of cards in a hurricane.

Read More

2026-02-19 06:36