Headline: Trump-linked WLFI taps satellite network Spacecoin to take DeFi into the sky
World Liberty Financial (WLFI), the crypto venture tied to President Donald Trump’s family, is moving decentralized finance off the terrestrial grid by partnering with satellite internet builder Spacecoin. The agreement formally links the two projects via a token swap and sets up joint work on payments, settlements and coordination in remote or connectivity-poor areas.
Spacecoin has already launched three satellites into low-Earth orbit as part of a decentralized physical infrastructure network (DePIN) designed to deliver permissionless internet access to underserved and remote communities. The project says its satellite constellation aims to reduce reliance on governments and telecom monopolies by offering alternative connectivity.
Under the tie-up, WLFI will layer its DeFi tooling onto Spacecoin’s network so users can send, receive and settle payments where traditional banking and broadband aren’t available. “True digital freedom also requires access to robust, fair and open financial services,” Spacecoin founder Tae Oh said in the announcement.
WLFI has been building its own financial stack. Its subsidiary, World Liberty Trust Company, has applied for a national bank charter with the U.S. Office of the Comptroller of the Currency. WLFI launched a dollar-pegged stablecoin called USD1 last year — now about $3.2 billion in market capitalization — and recently rolled out World Liberty Markets for crypto lending and borrowing.
The partnership arrives amid broader high-profile space-finance activity: a Bloomberg analysis says the Trump family has taken in roughly $1.4 billion from crypto projects since the president’s second term began, and the Spacecoin news coincided with reports that Elon Musk’s SpaceX hired Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley to lead a potentially massive IPO expected this year.
Why it matters: combining DeFi with DePINs could materially expand financial access in places cut off from traditional infrastructure, but it also raises regulatory and operational questions — from stablecoin oversight to cross-jurisdictional payments and satellite-network governance. Expect more detail as WLFI and Spacecoin outline technical integration and use cases.
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