Trump-Linked World Liberty Financial Distributes $47 in USD1 Stablecoin to WLFI Token Holders
World Liberty Financial (WLFI), supported by the Trump family, recently credited each participant in its WLFI token sale with $47 worth of USD1, a dollar-pegged stablecoin backed by Treasuries and fiat reserves.
This distribution comes as USD1 expands its footprint across multiple blockchains via Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
Though USD1’s market cap stands at $200 million—significantly smaller than leading stablecoins like USDT and USDC—its ties to the Trump family and involvement in MGX’s $2 billion Binance investment have brought it notable attention.
While the $47 payout isn’t substantial enough to be transformative, it has sparked renewed engagement and conversation about the project on social media platform X.
The move also precedes World Liberty Financial’s planned launch of its own crypto wallet, set to roll out in the coming months.