World Liberty Financial (WLFI), the crypto initiative spearheaded by the Trump family, is reportedly looking to expand its scope significantly. According to a new roadmap and project sources, the platform is planning to develop a foreign exchange (FX) and remittance service alongside its core decentralized finance (DeFi) offerings. While the initial focus of WLFI was centered on lending and borrowing digital assets, this strategic shift aims to position the project as a comprehensive financial hub. By leveraging blockchain technology and stablecoins, the platform intends to simplify international money transfers and provide more efficient currency exchange options for users. Donald Trump Jr. and Eric Trump, who have been vocal proponents of the project, suggest that this expansion is part of a broader goal to challenge traditional banking systems and promote financial inclusion through decentralized solutions. However, the project continues to face scrutiny from regulators and market analysts regarding its governance structure and potential conflicts of interest.
Source: Trump family’s WLFI plans FX and remittance platform: Report
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