Trump-Backed World Liberty Financial to Release Stablecoin Audit and Enable WLFI Transfers

Trump-Backed World Liberty Financial to Release Stablecoin Audit and Enable WLFI Transfers

World Liberty Financial, the crypto venture linked to former U.S. President Donald Trump, is making headlines with two major developments. The upcoming release of its first stablecoin audit and plans to make its governance token, WLFI, transferable are noteworthy. These moves signal a pivotal moment for the project. They seek to enhance transparency and broaden its appeal ahead of the 2025 election cycle.

First Stablecoin Audit on the Horizon

At the Permissionless conference in Brooklyn, Zak Folkman, co-founder of World Liberty Financial, revealed that the company’s stablecoin has undergone its first attestation report by an accounting firm. This marks a significant step toward establishing trust and credibility within the crypto community.

Folkman confirmed that the audit report will be published on the project’s website “within the next few days.” While details remain scarce, the announcement underscores the company’s commitment to regulatory compliance and transparency—a crucial factor for users and investors alike.

The stablecoin, which is pegged to the U.S. dollar, is central to World Liberty’s mission of disrupting traditional finance through decentralized financial services. A successful audit could bolster confidence in the platform’s ability to maintain stability and security in its offerings.

WLFI Token to Become Transferable

In a groundbreaking update, World Liberty Financial hinted at enabling WLFI, its governance token, to become transferable. Currently, WLFI grants voting rights but cannot be traded or transferred between users.

The news was confirmed in a recent X post, where the team acknowledged growing demand from its community for this feature. “You asked to make $WLFI transferable — we heard you,” the post read, adding that the team is actively working behind the scenes to implement the change. The message concluded with a teaser: “Big news coming soon.”

While many supporters expressed excitement about the potential to acquire WLFI, others voiced skepticism. Some critics accused the team of planning to “dump” their token supply, while others warned that retail investors might end up holding the bag.

Despite the mixed reactions, the move to make WLFI transferable could significantly increase its utility and liquidity. This change could potentially attract new users and investors to the platform.

Expanding Accessibility with a New App

Folkman also announced plans to launch a new app designed to simplify crypto usage for retail participants. The app aims to lower barriers to entry for everyday users, making it easier to engage with decentralized finance (DeFi) services and stablecoins.

This initiative aligns with World Liberty Financial’s broader goal of democratizing access to financial tools. It also positions the platform as a disruptor of traditional banking systems. By targeting retail users, the platform hopes to capitalize on the growing interest in digital assets, particularly among younger demographics.

Trump’s Crypto Windfall

Donald Trump’s involvement with World Liberty Financial has been a key driver of attention and investment in the project. According to his 2025 financial disclosure filed with the Office of Government Ethic , Trump reported earning $57.4 million from the venture.

The income stems from token sales, with Trump holding over 15 billion governance tokens in the project—tokens that come with voting rights. Since its launch in September 2024, World Liberty Financial has raised $550 million through two public token sales. Notable backers such as Tron founder Justin Sun, who purchased $30 million worth of WLFI tokens, and Web3Port, which invested $10 million, are involved.

Other prominent supporters include Oddiyana Ventures, which joined as a backer in early 2025. These high-profile investments highlight the project’s growing influence in the crypto space.

Challenges and Opportunities Ahead

While the upcoming audit and WLFI transfers availability, challenges remain. Critics have raised concerns about the potential for market manipulation. There are also risks associated with enabling transfers of a previously non-transferable token.

Additionally, the project must navigate the complex regulatory landscape surrounding stablecoins and DeFi services. Ensuring compliance while maintaining decentralization will be a delicate balancing act.

That said, the timing of these announcements is strategic. With the 2025 election cycle approaching, World Liberty Financial is well-positioned to capitalize on the heightened interest in digital assets and blockchain technology.

Final Thoughts

World Liberty Financial’s decision to release its first stablecoin audit and enable WLFI transfers represents a bold step forward in its mission to revolutionize traditional finance. These developments not only address community demands but also position the platform for broader adoption and growth.

As the project continues to evolve, all eyes will be on how it navigates regulatory scrutiny and user expectations. Whether these moves will solidify World Liberty Financial’s place as a leader in the crypto space—or expose vulnerabilities—remains to be seen.

One thing is certain: the intersection of politics, finance, and blockchain technology has never been more intriguing.