World Liberty Financial Distributes $47 in USD1 Stablecoin to WLFI Participants
Trump-affiliated crypto firm World Liberty Financial has distributed $47 worth of its USD1 stablecoin to wallets that participated in its WLFI token sale.
USD1 is a dollar-pegged stablecoin backed by U.S. Treasuries and fiat reserves. The airdrop follows recent technical progress for the token, including integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling broader deployment across blockchain ecosystems.
With a current market cap of $200 million, USD1 remains significantly smaller than incumbents like Tether’s USDT or Circle’s USDC. However, the Trump family’s involvement, combined with the token’s role in MGX’s $2 billion investment into Binance, continues to attract heightened attention.
Though modest in size, the $47 distribution has generated renewed engagement among WLFI holders and increased social media activity. It also comes as World Liberty Financial prepares to launch its own crypto wallet in the coming months.