Trump-backed World Liberty Financial (WLFI) has passed a governance proposal to initiate a test airdrop of its USD-pegged stablecoin, USD1, to eligible WLFI token holders.
The proposal, which received a 99.96% approval rate with over 12,000 votes, aims to distribute a “small amount” of USD1 to current token holders.
Details of the Airdrop Test
According to the announcement:
- All current WLFI token holders will receive a fixed amount of USD1.
- The exact distribution amount will depend on the number of eligible wallets and the budget allocation for the airdrop.
- Eligibility requirements for participation will be determined by World Liberty Financial before the final launch.
- The project maintains the right to suspend, modify, or terminate the airdrop at any time.
The primary objective of the test is to validate smart contract functionality, system reliability, and scalability ahead of broader ecosystem rollouts. Additionally, the airdrop is designed to reward early adopters and promote the use of USD1 in preparation for its wider circulation.
USD1: The Official Stablecoin of World Liberty Financial
USD1 is a USD-pegged stablecoin launched by World Liberty Financial and is fully backed by U.S. Treasuries, cash, and dollar-based equivalents. BitGo serves as its official custodian.
- Launched in April 2025, the stablecoin’s trading volume surged 6,700%, hitting $140 million.
- At press time, its market cap is over $2.1 billion, with a circulating supply of 2.1 billion tokens.
USD1 gained significant attention when it was named the official stablecoin for MGX’s $2 billion investment into Binance, marking the largest stablecoin investment to date. It was initially deployed on Ethereum and Binance Smart Chain and is now being integrated into the Tron blockchain.
Looking Ahead
The airdrop marks a strategic move for World Liberty Financial to increase the visibility and usage of USD1 while building confidence in its on-chain mechanisms. By leveraging smart contract reliability, the project aims to make USD1 a standard in stablecoin transactions.
For more updates on the upcoming airdrop and World Liberty Financial’s ecosystem, visit TheCoinInfo.
