WORLD LIBERTY FINANCIAL (WLF) BACKED BY DONALD TRUMP, DISTRIBUTED THIS STABLECOIN TO USERS WHO HELD WLF!

World Liberty Financial (WLF), backed by Donald Trump, has distributed its new stablecoin, USD1, to users who held its native token WLFI. Here's what's happening :

Airdrop Details: A wallet affiliated with the project sent $47 USD1 in tokens to wallets holding WLFI in a batch transaction, according to Etherscan data. This move confirms the distribution of USD1 to WLFI holders.

USD1 Stablecoin: USD1 is designed to maintain a 1:1 peg with the US dollar, backed by short-term US government treasuries, USD deposits, and other cash equivalents. BitGo will hold the reserves and provide qualified custody, trading services, and liquidity support.

Adoption and Circulation: USD1 has seen rapid adoption, surpassing $2.1 billion in circulation. The stablecoin is being tested on multiple chains, including Ethereum and Binance Smart Chain (BSC), with a limited token supply.

WLFI Token Holders: Over 85,000 users who participated in the WLFI token sale had undergone "know your customer" (KYC) verification. These users are likely eligible for the USD1 airdrop.

Project Background: World Liberty Financial is a DeFi lending protocol launched in 2024, associated with the Trump family. The project's USD1 stablecoin aims to provide a stable digital asset for users, with potential applications in DeFi and other financial services.#TrumpTariffs #TRUMP $BTC $WIF #WIF