The DeFi platform linked to the Trump family, World Liberty Financial (WLFI), has proposed a plan to distribute its native stablecoin, USD1, via an airdrop to WLFI holders as a trial.

According to the proposal, the goal of this trial is to validate the platform’s on-chain airdrop infrastructure for future applications while rewarding early supporters.

🦅 We just posted a new governance proposal: To test our airdrop functionality by distributing USD1 to all $WLFI holders — rewarding our earliest supporters and preparing for future growth. Join the discussion 👇 Link — WLFI (@worldlibertyfi) April 7, 2025

World Liberty Financial Calls The Proposed USD1 Airdrop A ‘Small Amount’

WLFI, the DeFi project backed by Trump and his sons, has issued a proposal for a modest airdrop of their USD1 stablecoin to all present WLFI token holders to assess the airdrop system in real conditions.

This test aims to introduce the stablecoin to WLFI’s early supporters. As stated in the proposal published on Monday (April 7), all wallets holding WLFI tokens would qualify to receive a fixed amount of USD1, subject to requirements yet to be disclosed by the team.

WLFI intends to deliver a fixed amount of USD1 to each eligible wallet using its airdrop system. The specific amount will be determined based on the total number of eligible wallets and the available budget.

Once approved, the airdrop will occur on the Ethereum blockchain. However, the details and timing of the USD1 distribution remain unspecified.

The project asserts it retains the right to change, halt, or cancel the test airdrop anytime, even if the proposal garners governance approval. Additional conditions and execution details will be provided following community input and an official vote.

According to its co-founder, Zach Witkoff, WLFI raised over $550 million during a series of token sales, with $75 million of that from Justin Sun, the founder of Tron.

Great to see @ZachWitkoff, co-founder of @worldlibertyfi, highlight the importance of stablecoins and their mission to integrate them across all areas of commerce in the U.S. @trondao will continue to support crypto adoption alongside @worldlibertyfi—just as we’ve been doing… pic.twitter.com/d5exEfthWn — H.E. Justin Sun 🍌 (@justinsuntron) March 27, 2025

USD1 Airdrop Follows WLFI’s Announcement About Stability Backing

Last month, WLFI announced plans to launch its USD1 stablecoin, designed for institutional and sovereign investors. It is expected to be offered on both the Ethereum and BNB Chain networks.

In March, the team was observed testing USD1 transfers between the BNB Chain and Ethereum, with aid from leading market-maker Wintermute.

As claimed by the WLFI team, the USD1 stablecoin will be completely backed by U.S. Treasuries, U.S. dollars, and other cash equivalents, ensuring a stable value of $1 per token.

USD1 is intended to operate as a secure and transparent digital asset, with its dollar-backed reserves managed by BitGo, a firm providing substantial liquidity and trading support to institutional clients.

The WLFI team also promises regular audits of its reserve portfolio, which is designed to keep USD1 stable. However, the identity of the auditing firm and the official launch date of USD1 have not yet been made public.

According to the Arkham Intelligence dashboard for World Liberty Financial, the company currently possesses over $100 million in digital assets, mainly comprising USDC, Wrapped BTC, ETH, USDT, and TRX.

Arkham Intelligence Dashboard (ARKHAM)

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In summary, here are the main takeaways:

• If passed, WLFI holders will receive a modest sum of USD1 to evaluate airdrop functionality.
• The proposed airdrop will be executed on the Ethereum blockchain.
• No official launch date for the USD1 stablecoin has been disclosed.
• The WLFI Arkham Intelligence dashboard indicates the platform holds over $100 million in cryptocurrency.
• WLFI raised $550 million in token sales, with Tron founder Justin Sun contributing $75 million to World Liberty Financial.