World Liberty Financial, the cryptocurrency platform backed by U.S. President Donald Trump, plans to publish its first independent attestation of the reserves behind its USD1 stablecoin "within days" and will launch a consumer app aimed at broadening retail use, co-founder Zak Folkman said at the Permissionless conference in New York. At the same time, the company on 4 July asked holders to vote on a proposal that would let the WLFI governance token trade freely on secondary markets. Under the plan, a portion of tokens sold to early backers would unlock immediately, while allocations to the founding team and advisers would remain locked pending future votes. The governance push follows rapid uptake of USD1, which has recorded more than $1 billion in daily trading volume for seven consecutive days. To deepen liquidity, World Liberty last week partnered with London-based Re7 Labs to introduce a USD1 lending vault on the Euler and Lista platforms and to expand the stablecoin’s footprint on Binance’s BNB Chain. WLFI was quoted at about $0.19 in pre-market trading on exchange MEXC on 5 July, giving the token an implied fully diluted valuation of roughly $19 billion. Although the Trump family recently cut its stake in World Liberty to around 40%, the venture continues to draw scrutiny from lawmakers who say the president’s crypto dealings pose potential conflicts of interest.