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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

Reviewed By:
Dhara Chavda

Last updated: June 4, 2025 6:02 PM
Published June 4, 2025 2:04 PM
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Last updated: June 4, 2025 6:02 PM
Published June 4, 2025 2:04 PM
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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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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