Recently, World Liberty Financial hosted the World Liberty Forum at Mar-a-Lago, Florida, where its platform token WLFI surged approximately 18% on the first day of the event. The gathering drew significant industry attention and became a focal point in the market.
Crypto Industry Still in Early Days
Eric Trump, co-founder, stated during the opening ceremony that despite experiencing significant market volatility in recent years, the crypto industry remains in its early stages with immense future potential. He noted that more traditional financial institutions are now offering crypto asset exposure to clients and integrating digital assets into strategic frameworks, signaling a shift in mainstream capital attitudes toward the crypto space.
Traditional Finance Embracing Digital Assets
At the same time, financial services firm Apex Group announced plans to test the USD 1 stablecoin, developed by World Liberty, within its traditional fund management processes. The initiative aims to enhance settlement efficiency for tokenized assets and further advance blockchain adoption in the financial sector.
USD 1, the fifth-largest dollar-pegged stablecoin by market capitalization, now exceeds $5 billion in circulation and has gained market recognition for its stability and utility. As more institutions adopt stablecoins, their role in the digital financial ecosystem continues to strengthen.
- WLFI token gains 18% on first day
- Eric Trump highlights crypto's early-stage development
- Apex Group testing USD 1 to improve settlement efficiency
- USD 1 circulation surpasses $5 billion