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World Liberty Financial, backed by President Donald Trump, has announced a plan to conduct an Airdrop for its USD1 stablecoin, which is pegged 1:1 to the US dollar. This initiative is designed to introduce the USD1 coin to the market while rewarding early supporters of the project. The Airdrop will be limited to a specific number of WLFI coin holders, aiming to both reward these investors and test the effectiveness of the Airdrop system itself.
Promoting the USD1 Stablecoin
The proposal revealed by World Liberty indicates that the Airdrop aims to facilitate the introduction of the USD1 stablecoin before its broader market release. The USD1 will serve as a stablecoin fully backed by short-term US government bonds, dollar deposits, and cash-like assets, ensuring its stability and reliability.
World Liberty plans to execute the Airdrop on the Ethereum 
$1,802 mainnet. Once the proposal receives governance approval, the distribution will commence, followed by an official announcement to the public. The proposal has so far garnered largely positive feedback from the community.
Furthermore, the company has noted that even if the proposal is approved, World Liberty Financial retains the right to halt, suspend, modify, or completely cancel the test Airdrop at any time. They also reserve the right to impose additional eligibility criteria as they see fit.
WLFI Sales and Trump Connection
In mid-March, World Liberty completed its latest WLFI coin sale, offloading 25% of the total supply. It was reported that a total of $590 million was raised, including from private sales, a figure confirmed by the ICO Drops platform.
On the project’s official website, President Donald Trump is listed as a “chief cryptocurrency advocate,” with Eric Trump, Donald Trump Jr., and Barron Trump also featured among the team members. However, the project’s technical documentation clarifies that Trump family members do not possess any ownership or direct management role in the project.
