In a bold step toward enhancing its infrastructure and community engagement, World Liberty Financial (WLFI), a crypto platform linked to the Trump family, has revealed plans to airdrop its newly launched USD1 stablecoin to early WLFI token holders.
The initiative, currently enjoying overwhelming support on WLFI’s governance forum, aims to both test the platform’s airdrop mechanism in a live environment and show appreciation to early adopters. With over 99% of the 2.6 billion votes cast in favour, the proposal is guaranteed to pass before the May 14 deadline.
“Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness,”
the proposal notes.
“This distribution also serves as a meaningful way to thank our earliest supporters and introduce them to USD1,”
While the exact amount of USD1 each eligible wallet will receive remains undecided, it will be proportioned based on the number of qualifying wallets and available budget. The official airdrop date has yet to be announced, and WLFI reserves the right to adjust or cancel the test as necessary.
WLFI’s USD1 stablecoin, pegged to the US dollar, was launched in early March as part of the platform’s broader expansion following its debut in September 2024. The company has already raised $550 million through two public token sales, boasting a growing community of 85,000 registered holders.
The stablecoin sector continues to gain momentum globally. A recent Citigroup report revealed that dollar-pegged stablecoins have surged past a $230 billion market cap—a 54% increase year-over-year—largely driven by giants like Tether (USDT) and USDC.
Yet, the market is beginning to diversify. On April 28, three major Abu Dhabi institutions—including the emirate’s sovereign wealth fund—announced a plan to launch a dirham-backed stablecoin. Meanwhile, Russia is exploring its own national stablecoin solution following sanctions that impacted local crypto activity.
As WLFI prepares to enter the stablecoin race, its upcoming airdrop could mark a pivotal moment in proving the platform’s technological readiness and deepening loyalty among its early base.
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