World Liberty Financial Airdrops $47 USD1 to Early Supporters

Generated by AI AgentCoin World
Wednesday, Jun 4, 2025 1:17 pm ET1min read

World Liberty Financial, a decentralized finance (DeFi) venture with partial ownership by a trust associated with former US President Donald Trump, has initiated a new airdrop campaign. The campaign targets early supporters of the project, distributing $47 worth of its USD1 stablecoin to wallets that participated in the

token sale. This airdrop, confirmed by the blockchain analytics platform Lookonchain, was approved by community vote weeks prior to its launch.

The primary objectives of the airdrop are to reward initial backers, enhance liquidity for USD1, and test the project’s token distribution mechanism under real market conditions. The selection of the $47 figure is believed to be a symbolic nod to Trump’s designation as the 47th President of the United States, adding a layer of political and cultural significance to the airdrop.

USD1, the core stablecoin of WLFI, was launched in April 2025 and is pegged to the US dollar. It is backed by reserves such as Treasuries and cash equivalents. Since its debut, USD1 has gained traction on both centralized and decentralized platforms, with listings on major exchanges including Binance and Bitget. The WLFI team has been actively promoting memecoin trading pairs involving USD1 to increase exposure and drive user engagement on decentralized platforms. The team announced a campaign offering up to $1 million in rewards, a 4-week trading campaign, and exclusive support for top trading pools and meme projects.

Despite the momentum, USD1 continues to face criticism over centralization concerns. Three wallets control most of the circulating supply, raising questions about liquidity and governance risks. Additionally, the stablecoin’s slower adoption compared to rivals is partly attributed to its lack of institutional backers and minimal promotional incentives. The project has also faced political scrutiny, with Senator Elizabeth Warren criticizing its alleged ties to a controversial deal with the United Arab Emirates. Warren argued that such connections undermine legislative efforts and urged Congress to delay a crypto-related bill she believes could enable further misconduct.

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