World Liberty Financial, backed by the Trump family, announced in February 2026 plans to launch World Swap. It will link users to debit cards and bank accounts worldwide to reduce fees.
The move places the company directly against Ripple and the XRP Ledger in cross-border payments. Industry users praise XRP token speed and settlement efficiency as market strengths.
Zak Folkman stated, “There’s over $7 trillion of money moving around the world from currency to currency, and all of this has been taxed very heavily by the incumbent players.” World Liberty claims settlement will cost only a fraction of current provider charges.
A UAE-linked firm bought 49% of World Liberty Financial shortly before a major U.S.-UAE deal. The purchase sparked scrutiny of the family’s crypto ventures and their recent profits (Ed. note: timing has drawn controversy).
