- WLFI token holders were airdropped 47 USD1 in World Liberty Financial.
- Airdrop tested Ethereum distribution and honored Trump’s presidency.
On June 4, 2025, those who had WLFI tokens received 47 USD1 stablecoins that were deposited to their respective wallets by WLFI The airdrop targeted participants of the WLFI token sale. It was confirmed by Etherscan that a majority of the coin supply moved on the Ethereum network.
The plan was announced after a vote on community governance was held on May 7, 2025. World Liberty Financial revealed that it wants to launch an airdrop system and thank early adopters by giving out rewards. The vote received 99.96% approval from 12,000 participants.
USD1 which was introduced in April 2025, is a stablecoin that greatly resembles the U.S. dollar. Federal Reserve Notes are backed by U.S. Treasuries, actual cash, and equivalent assets. BitGo, a regulated trust company, custodies the reserves. Stablecoins are now projected to have a market valuation of $2.18 billion at this time.
The airdrop amount of 47 USD1 holds symbolic value. Specifically, it presents Donald Trump within the framework of his job as the forty-seventh President of the U.S.A. World Liberty Financial, which is partially controlled by a Trump family trust, wanted to mark this period by doing the distribution.
Airdrop Goals and Community Response
The distribution had multiple objectives. It checked how smoothly the on-chain airdrop system can be used on the Ethereum mainnet. It was also intended to increase the visibility and liquidity of the USD1 currency. World Liberty Financial aimed to work with its community of 85,000 WLFI members who completed KYC.
Community members actively tracked wallet balances on Etherscan. Public transaction records enhanced trust in the process. The community started to talk about the project’s direction after the distribution of tokens.
Earlier, World Liberty announced that the airdrop was planned to support smart contract use. The initiative extended its appreciation to those individuals who had pledged their assistance at the beginning of the effort. There have been two WLFI token sales since the project started in September 2024, and together they raised $550 million.
Political and Centralization Concerns
Interest in the Trump family’s connection to World Liberty Financial has been growing at the same time as the airdrop. Warren pointed out that there could be problems with a conflict of interest in the appointment. She talked about how the Trump team is participating and asked what the advantages were.
On April 8, 2025, Warren’s statements focused more on the need for controlling financial activities. She asked authorities to monitor how the project was carried out. World Liberty Financial does not appear to have issued any statement on these claims.
Meanwhile, problems related to centralization were discovered. Three particular wallets hold over 80% of the USD1 supply, says Kaiko. As a consequence, uncertainty increases about the company’s access to cash and its management quality. On average, PancakeSwap’s USD1 trading pairs had $14 million of trading volume, which was more than the $8 million Binance reported.
There has been progress made in the USD1 initiative, despite the fact that there have been notable failures. After its launch, trading reached $140 million, which is 6,700% higher than earlier. Ranked by market capitalization, the stablecoin is in seventh place.
