Trump-Backed WLFI Expands Crypto Reach in Asia With Bithumb Partnership in South Korea
South Korea’s cryptocurrency market simply marked one of the high-profile partnerships of 2025 with a Trump backed mission. Bithumb, the nation’s second-largest crypto change, has signed a strategic memorandum of understanding (MOU) with World Liberty Financial (WLFI), the crypto enterprise backed by the Trump household.
The deal seeks to spice up stablecoin adoption, create new DeFi alternatives, and enhance international investor confidence.
WLFI Targets Asia With USD1 Stablecoin
WLFI, based in 2024 by Donald Trump’s sons, has quickly established itself as a rising participant in DeFi. The firm’s stablecoin, USD1, has already reached a market capitalization of $3 billion and was not too long ago listed on each Bithumb and Upbit, strengthening its foothold in Korea’s $72 billion crypto market.
Bithumb CEO Lee Jae-won referred to as the collaboration a “milestone for enhancing international competitiveness,” noting the change’s dedication to constructing a broader strategic community.
WLFI executives, together with co-founder Zak Folkman, stated the partnership aligns with their aim of pushing USD1 into mainstream fee programs and digital economies, notably in gaming and retail sectors.
Debit Card and Retail App on the Horizon
Alongside the Bithumb deal, WLFI confirmed it should quickly launch a debit card built-in with Apple Pay and a retail funds app. Described by co-founder Folkman as “Venmo meets Robinhood,” the app will merge peer-to-peer funds with mild buying and selling options.
The upcoming merchandise intention to make USD1 usable in on a regular basis transactions, signaling WLFI’s shift towards shopper adoption. This multi-chain method displays the corporate’s technique of being chain-agnostic, specializing in cross-platform utility moderately than creating its personal blockchain.
Partnership to Strengthen DeFi Expansion
The Bithumb-WLFI partnership emerges as South Korea stays a key participant in international crypto adoption. As one of many prime 5 markets worldwide by buying and selling quantity, the nation gives a sturdy surroundings for testing stablecoins and DeFi growth.
By collaborating with WLFI, Bithumb good points entry to a broader worldwide investor base and new alternatives in asset tokenization, funds, and decentralized finance.
This deal additionally continues ongoing talks between Bithumb and U.S.-based Circle, highlighting the change’s intention to broaden its international attain. If every part proceeds as anticipated, crypto adoption in the Asian market may expertise vital progress.
Cover picture from ChatGPT, TRUMPUSD chart from Tradingview
