World Liberty Financial (WLFI) – a DeFi project backed by the Trump family – opens a community vote to experiment with the airdrop of stablecoin USD1 for WLFI holders. With overwhelming support, could this be a turning point for USD1? Let's analyze in detail.
WLFI Proposes USD1 Airdrop: Experiment and Appreciation
WLFI announces the proposal 'Test Airdrop Functionality by Distributing USD1 to All $WLFI Token Holders' on Snapshot, aimed at testing airdrop features in real conditions and appreciating early supporters. Each wallet holding WLFI at the snapshot time will receive a fixed amount of #USD1 , with total distribution volume adjusted based on the number of valid wallets and budget. The airdrop will take place on Ethereum Mainnet, through a smart contract developed by WLFI.
Despite community support, WLFI reserves the right to adjust, delay, or cancel the airdrop at any time, depending on technical aspects and feedback. The vote, ending on May 14, recorded 2.9 billion WLFI tokens (99.97%) in favor, with only 930,000 tokens (0.03%) opposed, indicating strong consensus.
USD1: The Billion-Dollar Stablecoin and Historical Deal
USD1, a USD-pegged stablecoin from #WLFI , backed by US Treasury bills, USD deposits, and liquid assets, targeting financial institutions and sovereign investors. Issued on Ethereum and BNB Chain, USD1 is positioned as a safe choice for DeFi, avoiding risks from algorithmic stablecoins.
At Token2049 in early May 2025, Eric Trump confirmed that USD1 is the main stablecoin in the $2 billion deal between Binance and MGX (Abu Dhabi), the largest in the industry's history. This positions USD1 as the 7th largest stablecoin by market cap, while raising hopes for a listing on Binance, reinforcing rumors of collaboration between the two parties.
Impact on the Crypto Market
This event brings many signals:
Increasing trust in stablecoins: USD1 competes with USDT and USDC, especially as the stablecoin market reaches $230 billion (Citigroup).
Boosting DeFi: The airdrop could increase USD1 liquidity, supporting projects like Haedal (TVL $200 million).
Increasing cash flow: Crypto fund inflows reached $3.4 billion last week, and are projected to accumulate $330 billion into Bitcoin by 2029 (Bernstein), spreading positive sentiment.
Future Prospects
The USD1 airdrop could increase transparency and liquidity, making WLFI a major player in DeFi. If listed on Binance, USD1 could explode in the next 1-2 years, especially as Trump's crypto-friendly policies boost the industry.
Conclusion: Will USD1 Reshape DeFi?
WLFI opens a vote for the USD1 airdrop for WLFI holders, receiving 99.97% support, aimed at experimenting and appreciating the community. With a $2 billion deal with MGX and Binance, USD1 becomes the 7th top stablecoin, promising a bright future if listed on Binance. Investors should closely monitor to seize opportunities from this stablecoin.
Risk warning: Crypto investment carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.