World Liberty Financial to Enter Forex Market with New Platform

World Liberty Financial, backed by the Trump family, is set to launch its World Swap platform targeting the foreign exchange and remittance market. According to NS3.AI, the company aims to provide lower fees and more efficient services. However, it faces significant competition from Ripple, which is already well-established with its XRP Ledger known for its fast transaction speeds and reliability. Despite the promise of reduced costs, World Liberty Financial must overcome challenges posed by Ripple's mature technology and strong market presence, especially amid recent controversy over UAE investment.