World Liberty Financial is developing a mobile app

币界网报道:This is an excerpt from the Empire newsletter. To read the full version, please subscribe. Last week at the Permissionless conference, Empire co-host Jason Yanowitz spoke with Zak Folkman of World Liberty Financial. As Yanowitz noted, World Liberty Financial has certainly generated its fair share of controversy, though Folkman said, “We don’t actually do anything controversial.” A quick aside: Folkman went on to say that the traditional media (referring to the New York Times and other large news outlets) is “corrupt” and trying to create a narrative; he was referring to their use of anonymous sources and “unverified facts.” Given that Blockworks has previously used anonymous sources to cover the project, I wanted to explain that this is a normal practice in journalism. Our goal is to report the truth, and sometimes the way to do that is to maintain the anonymity of our sources. However, we have strict guidelines in place to ensure that every story we publish is rigorously vetted. But let’s get back to Folkman, shall we? According to him, World Liberty Financial has been operating since before Trump took office. “We started our token sale even before [President Donald Trump] was elected… So, you know, this is a project that we’ve been working on for quite some time. Our whole goal is to build DeFi products that make Web3 technology available to people who are familiar with operating in a Web2 environment,” Folkman said. Later in the conversation, Folkman also said that the team has received a lot of interest from public companies that want to use WLFI in their corporate finances. He said World Liberty plans to get its stablecoin USD1 audited and will put its certification report on its website “in the coming days.” He also added that they are also working closely with Chainlink “to be the first stablecoin to implement Chainlink’s proof of reserves and collateral.” He also said that a mobile app is in the works. “This is something that we’ve been working on for a long time with some of the best partners and builders in the space, both our team and the companies we work with. This is kind of the culmination of what I would call creating a Web2-style FinTech application that allows non-native crypto users to be able to deposit very easily… get the benefits of earning yield through DeFi applications and be able to send and receive crypto between friends and family very easily,” he told Yanowitz. So there you have it. World Liberty Financial’s empire keeps growing. Get news in your inbox. Explore Blockworks newsletters: The Breakdown: Decoding crypto and the markets. Daily. Empire: Crypto news and analysis to help you start your day. Forward Guidance: The intersection of crypto, macro, and policy. 0xResearch: Alpha delivered straight to your inbox. Lightspeed: All about Solana. The Drop: Apps, games, memes, and more. Supply Shock: Bitcoin, bitcoin, bitcoin.

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