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World Liberty Financial

World Liberty Financial, Inc. is a private DeFi project associated with members of the Trump family, offering the USD1 stablecoin for institutional and cross-border use.

HeadquartersNew York, USA
Founded2024
CEOZach Witkoff
StagePrivate
FoundersZachary 'Zak' Folkman, Chase Herro, Alex Witkoff, Zach Witkoff
Key InvestorsALT5 Sigma Corporation

Products

USD1 active $4.6B
USD1 Stablecoin
Fiat Backed

USD1 is a U.S. dollar-backed stablecoin by World Liberty Financial, fully backed by U.S. government securities and cash equivalents.

World Liberty Financial, Inc. (WLFI) is a decentralized finance project established in 2024, associated with and backed by members of the Trump family. It is a private company headquartered in New York, USA, with Zach Witkoff serving as CEO.

Regulatory Status

United States
OCC national trust bank charter application by World Liberty Trust
pending

Funding

RoundAmountYear
Strategic token purchase$25M2025
Strategic token purchase$100M2025

Frequently Asked Questions

What stablecoin does World Liberty Financial issue?
World Liberty Financial issues USD1, a U.S. dollar stablecoin. USD1 is the primary product on this issuer page, with market capitalization of $4.6B as of 1 July 2026.
How is USD1 backed?
World Liberty Financial states that USD1 is redeemable 1:1 for U.S. dollars and backed by dollars and U.S. government money market funds. BitGo's USD1 page describes USD1 as backed by short-term U.S. government Treasuries, U.S. dollar deposits and other cash equivalents.
Who custodies USD1 reserves?
BitGo publishes USD1 materials and attestation pages describing monthly reserve-holdings disclosures and third-party accounting-firm review. Public market explainers also identify BitGo as the reserve custodian for USD1.
What chains is USD1 available on?
Public exchange education materials described USD1 as initially minted on Ethereum and BNB Chain. World Liberty's own USD1 page describes the asset as multichain, so production pages should use the issuer's official contract list for the current network set.

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