World Liberty Financial, the Trump-linked crypto venture behind the $4 billion USD1 stablecoin, said WorldClaw operates independently but declined to disclose whether it holds equity, financing, or revenue-sharing interests in the Hong Kong AI platform.
"WorldClaw is an independent company, not owned or operated by World Liberty Financial," David Wachsman, World Liberty's spokesman, said. "Like many projects in the ecosystem, it uses USD1 as a payment rail."
Wachsman declined to say whether World Liberty or an affiliate holds equity in WorldClaw, financed the company, receives licensing fees, or shares in its revenue. Reuters reported Monday on World Liberty's links to WorldClaw and the availability of Chinese-developed AI models through the platform, several from companies facing U.S. national-security scrutiny. WorldClaw lists models from OpenAI and Anthropic alongside products from Alibaba, DeepSeek, Moonshot, MiniMax, and Zhipu.
The Trump family owns 38 percent of World Liberty and has made more than $1.4 billion from sales of its WLFI tokens, according to Reuters — the largest share of $2.3 billion in family crypto earnings. USD1 is the fifth-largest dollar-backed stablecoin with $4 billion in circulation as of Tuesday, per CoinGecko data, though only about $700 million turns over in a typical day, half of it swapped against Tether's USDT.
Donald Trump Jr. promoted WorldClaw in an X post when it debuted in May, though overall usage of the project is not widely known. WorldClaw sells developers access to dozens of AI models through a single service called WorldRouter, which claims more than 10,000 users and handles over 50 million model requests a day. CoinDesk could not verify those figures, and the teams did not provide usage or USD1 payment volumes when asked.
WorldClaw's own terms describe World Liberty's role as limited, saying WorldClaw alone provides the service, that World Liberty does not manage or control its operations, and that the relationship runs through the licensing of certain trademarks. Those terms also bar residents, companies, and citizens of both the U.S. and China from using the service. Wachsman confirmed WorldClaw is not available in the U.S.
Questions about undisclosed ties between World Liberty and companies it transacts with are not new. CoinDesk reported in April that the venture had borrowed tens of millions of dollars from Dolomite, a lending protocol whose co-founder Corey Caplan advises World Liberty, posting its own WLFI token as collateral and leaving other depositors unable to withdraw from a pool it had drawn down.
The lack of transparency over WLFI's economic interests in WorldClaw could raise regulatory and governance concerns, potentially affecting WLFI token sentiment and the broader Trump-linked crypto ecosystem. The USD1 payment rail integration also raises questions about how much of the stablecoin's $700 million daily turnover represents actual spending on goods and services versus trading against other stablecoins.
This article is for informational purposes only and does not constitute investment advice.