World Liberty Financial gave 47 USD1 stablecoins to presale wallets on the Ethereum blockchain.
The airdrop honors Donald Trump as the 47th U.S. President and tests the project’s token system.
Trump-linked crypto projects rise as USD1 stablecoin trading hits over 140 million in volume.
World Liberty Financial, a decentralized finance project linked to Donald Trump, has begun distributing 47 USD1 stablecoins. This airdrop targets wallet addresses involved in its recent presale. The move carries symbolic weight, as the number 47 honors Trump as the 47th U.S. President.
https://twitter.com/WuBlockchain/status/1930102286371696949 Airdrop Details and Governance Approval
The distribution was first identified by blockchain analytics firm Lookonchain. The airdrop occurred on the Ethereum blockchain, where eligible wallets received 47 units of USD1 stablecoins. Token holders confirmed the receipt across social media platform X.
https://twitter.com/lookonchain/status/1930094453823549456
The initiative was proposed and approved through World Liberty’s on-chain governance. Nearly all voters, 99.96% out of 12,000 participants, supported the proposal. The final green light came on May 15, following a voting conclusion on May 14. This campaign aims to test the airdrop system, reward early backers, and promote USD1’s adoption.
Backing and Market Performance of USD1 Stablecoin
USD1 is World Liberty’s main stablecoin. It is fully backed by U.S. Treasuries, cash, and similar liquid assets. BitGo serves as its custodian, ensuring secure asset management. Launched in April 2025, USD1 quickly attracted attention.
At one point, trading volumes surged by over 6,700%, reaching $140 million. The stablecoin currently holds a market capitalization of $2.18 billion, with a matching circulating supply, according to DefiLlama.
Crypto Activity Linked to Trump Ventures Intensifies
This airdrop emerges during a busy period of Trump-affiliated blockchain projects. On June 3, Trump Media & Technology Group filed paperwork to launch a spot Bitcoin ETF. In parallel, rumors of an “Official Trump Wallet” crypto project surfaced. However, Trump’s family and organization denied any involvement.
Further activity includes a large token transfer linked to the TRUMP memecoin. On June 4, Lookonchain reported that 4.17 million TRUMP tokens, valued at $46.97 million, moved to major exchanges. These exchanges include Binance, Coinbase, OKX, and Bybit.
https://twitter.com/lookonchain/status/1930072188650140041 Regulatory and Market Implications
These overlapping events have attracted both enthusiasm and scrutiny. Authorities continue to monitor the intersection of Trump’s political influence and blockchain developments. The link between political figures and decentralized finance raises questions about transparency and regulation.
The World Liberty airdrop serves as a test case for governance-based cryptocurrency distributions. It also highlights growing interest in stablecoins tied to traditional assets. Meanwhile, the broader surge in Trump-related crypto projects may influence market dynamics in the near term.
