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Altcoin News

WLFI Airdrops $47 USD1 Stablecoin to Early Supporters

The team behind WLFI said the airdrop was meant to test their tech, reward early adopters, and help get more eyes on USD1.

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published June 4, 2025 2:04 PM·Updated 1 year ago
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WLFI Airdrops $47 USD1 Stablecoin to Early Supporters

World Liberty Financial is sending $47 worth of its stablecoin USD1 to early supporters who joined its presale. The airdrop, quietly rolled out on Ethereum, was first spotted by blockchain watchers on June 4. It didn’t take long for users to confirm the drop across social media.

The number 47 isn’t random. It’s widely seen as a nod to Donald Trump potentially becoming the 47th US president. The project has leaned into that symbolism, and this drop feels like part reward, part message.

Looks like Trump's World Liberty (@worldlibertyfi) is airdropping 47 $USD1 to every wallet that participated in the $WLFI sale.https://t.co/kbyhK9usHQ pic.twitter.com/YT8Y7IpfpU

— Lookonchain (@lookonchain) June 4, 2025

This wasn’t a surprise move. The airdrop was proposed weeks ago and went through a community vote. Over 12,000 participants weighed in. Nearly all of them backed the idea. The proposal passed with more than 99% approval. Final sign-off came on May 15.

The team behind WLFI said the airdrop was meant to test their tech, reward early adopters, and help get more eyes on USD1.

USD1, the stablecoin at the center of this, launched just two months ago in April. It’s backed by US Treasuries and cash, with custody handled by BitGo. Since its launch, it gained momentum quickly. At one point, its trading volume jumped over 6700%, hitting $140 million.

As of now, USD1 has a circulating supply and market cap of $2.18 billion, according to DeFiLlama.

This airdrop isn’t the only crypto story linked to Trump making headlines. Just a day earlier, Trump Media filed paperwork to launch a spot Bitcoin ETF. There’s also buzz about a product called the “Official Trump Wallet” floating around, though Trump’s team has denied having anything to do with it.

Adding to the mix, a wallet tied to the TRUMP memecoin moved over 4 million tokens, worth nearly $47 million, to major exchanges like Binance and Coinbase.

Between WLFI’s airdrop, ETF filings, and memecoin movements, Trump-linked crypto activity is heating up fast. Whether it’s all part of a coordinated push or just a well-timed coincidence, one thing’s clear: politics and crypto are getting harder to separate.

Also Read: Suspected Team Wallet Sent $47M of TRUMP to Crypto Exchanges: Dump Incoming?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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