World Liberty Financial (WLFI), a decentralized finance project connected to U.S. President Donald Trump, is launching an airdrop of its new stablecoin, USD1. The goal? To reward early supporters and test out its on-chain airdrop system in real time.
This is more than a crypto giveaway – it’s part of a larger story involving big money, political ties, and a growing push into the stablecoin space.
Here’s what’s happening – and why it’s turning heads.
On April 8, WLFI shared its plans to give out a small amount of USD1 to eligible WLFI token holders. The company described the event as a “technical functionality test” to make sure the airdrop system works smoothly in a live setting. It also serves as a thank-you to those who backed the project early on.
WLFI launched in September and has already raised $550 million through token sales. Its USD1 stablecoin officially went live in March. The WLFI team believes that a successful airdrop could help raise awareness and attract more attention before the stablecoin’s full launch.
“Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness,” the company stated.
WLFI hasn’t yet announced the exact airdrop date or how much USD1 will be distributed. But it confirmed that the airdrop will take place on the Ethereum Mainnet and will be funded directly by the WLFI project.
To be eligible, holders must keep their WLFI tokens in their wallets until a blockchain “snapshot” is taken. Airdrop amounts will likely depend on how many tokens each person holds—those with more WLFI may receive more USD1. Holding your tokens in a non-custodial wallet (not on an exchange) could also improve your chances of qualifying.
WLFI’s connection to Donald Trump has drawn criticism. Lawmakers have raised questions about his involvement and warned it could affect future regulation, including the proposed STABLE Act.
Adding to the controversy, reports show that $390 million of the project’s funds have already been paid to DT Marks DEFI LLC, a company linked to Trump.
USD1 is backed by U.S. Treasuries and managed by the crypto custodian BitGo. However, WLFI’s governance token is currently non-transferable, which has raised concerns about transparency and how much control users will really have.
Despite the backlash, WLFI is moving ahead and positioning itself as a serious player in the stablecoin space. The upcoming airdrop could be a key moment for the project—both as a technical test and a signal of its long-term plans.
Interesting times ahead as WLFI dips its toes into the stablecoin waters with this airdrop test.
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