World Liberty Financial’s WLFI token witnessed a remarkable increase of nearly 10% on February 19, following the announcement that a major asset servicer managing approximately $3.5 trillion will pilot the company’s USD1 stablecoin.
The asset servicer’s decision marks a significant endorsement for USD1, which is set to be utilized as a payment rail for tokenized funds. At the time of the rally, WLFI was trading at around $0.12, climbing from approximately $0.10. The trading volume surged in the preceding 24 hours, exceeding $466 million.
In contrast to WLFI’s impressive performance, both Bitcoin and Ether faced slight declines of 0.5%. This robust shift in WLFI’s price came right after a crypto forum hosted at Mar-a-Lago by World Liberty Financial, where executives and influential figures in the crypto ecosystem gathered to discuss the firm’s innovative offerings.
Renowned industry leaders attended the event, including Coinbase CEO Brian Armstrong and CFTC Chair Michael Selig, alongside senators Bernie Moreno and Ashley Moody. Notably, Eric Trump and Donald Trump Jr., co-founders of World Liberty Financial, also participated, although former President Donald Trump was not scheduled to be present.
Understanding USD1
Zak Folkman, co-founder of World Liberty Financial, characterized USD1 as an “institutional-grade dollar” that is designed for practical real-world applications. With advanced features including real-time proof of reserves powered by Chainlink, users will be able to verify the stablecoin’s backing through on-chain methods.
USD1 is expected to launch by bridging payments within the US-Mexico corridor initially, with plans to scale up its support to include as many as 40 different currencies in the future. Folkman also highlighted the integration of the stablecoin with AI-driven commerce, remarking, “AI agents can’t open bank accounts; they can’t sign checks, but they can hold stablecoins,” underlining the relevance of USD1 in a rapidly digitizing economy.
Calls for Clarity in Crypto Regulation
During the Mar-a-Lago forum, Senator Bernie Moreno urged lawmakers to expedite the passage of a digital asset market structure bill within a 90-day timeframe. He stated, “This will happen somewhere; the question is, will it happen in America or somewhere else?” His comments reflect an increasing urgency for regulatory clarity in the cryptocurrency sector.
Armstrong, noting the challenges in advancing regulatory frameworks, pointed out that the slow progress can be attributed more to banking trade groups than individual banks. The bill, known as the CLARITY Act, which passed in the House in July, is currently under Senate review, aiming to delineate oversight responsibilities between the CFTC and SEC.
The Senate Agriculture Committee successfully advanced its version of the bill, though it faced opposition, as no Democrats voted in favor. Complications have emerged in the Senate Banking Committee, where Armstrong expressed his concerns over aspects related to tokenized equities and decentralized finance (DeFi), leading to delays in markup discussions.
Interestingly, reports have indicated that Trump and his family have amassed over $1 billion from various crypto ventures since January 2025, underscoring the significant financial stakes at play.
Ultimately, WLFI’s token saw a stunning rally of 23% just hours before the Mar-a-Lago forum, settling at a 10% gain, showcasing the dynamic nature of the cryptocurrency market amid ongoing developments in regulatory landscapes and innovative financial technologies.
