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By Shaurya Malwa|Edited by Sheldon Reback
Jun 4, 2025, 9:14 a.m.
- World Liberty Financial, backed by the Trump family, airdropped $47 worth of its USD1 stablecoin to each participant in its WLFI token sale.
- USD1, pegged to the U.S. dollar and backed by Treasuries, is expanding across blockchains with Chainlink’s CCIP integration.
- Despite its small market cap of $200 million, USD1 is gaining attention due to its association with MGX’s $2 billion investment in Binance.
World Liberty Financial, the Trump family-backed crypto firm, just dropped $47 worth of its USD1 stablecoin to each wallet that participated in its WLFI token sale.
The move comes as USD1, which is pegged to the U.S. dollar and backed by Treasuries and fiat reserves, expands across blockchains as result of Chainlink’s CCIP integration.
STORY CONTINUES BELOW
USD1’s market cap sits at $200 million — still small compared to Tether’s USDT or Circle’s USDC but notable given the Trump connection and the token’s use in MGX’s $2 billion investment into Binance.
A $47 payout is unlikely to be a life-changing amount for token holders, but it has been enough to engage holders and bump social chatter around the project on X.
As such, the transfer comes as World Liberty Financial gears up to launch its own crypto wallet in the coming months, as reported Tuesday.
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
