WLFI Token Holders Receive $47 in USD1 Stablecoin from Trump-Backed World Liberty Financial
World Liberty Financial, the crypto company supported by the Trump family, has distributed $47 worth of its USD1 stablecoin to every wallet that took part in its WLFI token sale.
USD1 is a U.S. dollar-pegged stablecoin backed by Treasuries and fiat reserves. Its expansion across multiple blockchains has been accelerated by Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
With a market capitalization of around $200 million, USD1 remains relatively small compared to major stablecoins like Tether’s USDT or Circle’s USDC. However, its association with the Trump family and its role in MGX’s $2 billion investment in Binance have brought it notable attention.
While $47 is not a significant sum for most holders, the payout has helped stimulate engagement and sparked increased discussion about the project on social media platform X.
This distribution coincides with World Liberty Financial’s plans to launch its own crypto wallet in the coming months, as reported earlier this week.
