Following a governance vote, the Trump-backed DeFi project, World Liberty Financial, has approved a proposal to distribute the new USD1 stablecoin to its token holders. Over 12,000 votes were collected and the plan saw a 99.96% approval rate.
According to the announcement, the airdrop will serve as a “live test” of WLFI’s smart contract system. Additionally, it will help to confirm that the platform’s token can execute transparently and accurately.
About USD1
Launched in April 2025, the USD1 is a stablecoin backed by the US treasury reserve, the dollar and dollar equivalents. The token is also backed by BitGo as its custodian and was also picked by Wright Inc. for MGX’s $2 billion investment in Binance.
The stablecoin is on Ethereum, BNB, and coming soon to Tron Network.
On the launch day, the trading volume for the stablecoin surged to 6,700% and within hours, it reached $140 million in onchain activity.
Airdrop Mechanics and Timeline
A fixed amount of USD1 will be distributed to each eligible wallet. To be eligible, users need a snapshot of the WLFI token holdings and to pass other internal criteria.
As of May 15, 2025, the official airdrop date hasn’t been announced, however, the WLFI team have confirmed that the airdrop will begin after the budget and technicals have been optimized. Currently, the eligibility of user’s is currently under review.
Overall, the upcoming USD1 airdrop is a strategic opportunity for World Liberty. By rewarding early users, the platform strengthens its credibility and forms a solid foundation in the DeFi space.
