World Liberty Financial, a cryptocurrency company connected to the Trump family, recently airdropped $47 in USD1 stablecoins to every participant in its WLFI token sale.

The USD1 token, which holds a stable value pegged to the U.S. dollar and is backed by Treasuries, is expanding across various blockchains with the help of Chainlink’s CCIP integration.

Despite its relatively small market cap of $200 million, USD1 has attracted attention due to its involvement with MGX’s significant $2 billion investment into Binance.

What to Know:

• World Liberty Financial has distributed $47 in USD1 stablecoin to each WLFI token sale participant.
• USD1 is gaining traction as it aims for expansion across multiple blockchain networks.
• The connection to Trump and the large investment linked to Binance are drawing interest even though USD1’s market cap remains modest compared to major competitors like Tether (USDT) and Circle (USDC).

The $47 distribution isn’t expected to be transformative for token holders; however, it has successfully boosted engagement and sparked discussions on social media platforms like X.

Looking ahead, World Liberty Financial is preparing to roll out its own crypto wallet in the near future.