trumpbackedcrypto

🏦 World Liberty to Launch Crypto Debit Card

Who’s behind it: World Liberty Financial is a crypto venture backed by the Trump family. Its CEO, Zach Witkoff, announced the plan at the TOKEN2049 conference in Singapore.

What the card will do: It will let users spend crypto for everyday purchases—essentially bridging digital assets with real-world payments.

Timeline:
• Pilot phase is expected to begin in the next quarter (after announcement).
• Full rollout is aimed for Q4 2025 or Q1 2026.

Other plans:
• They are also exploring tokenization of real-world assets like real estate, oil, gas, timber, cotton, etc., to make them tradable via blockchain.
• The firm plans to launch a stablecoin called USD1, pegged to the U.S. dollar and backed by treasuries, dollar reserves, and cash equivalents.
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