World Liberty Financial, Backed by the Trump Family, Sends $47 USD1 Stablecoin to Token Holders
World Liberty Financial (WLFI), the crypto firm with ties to the Trump family, has issued $47 worth of its USD1 stablecoin to every wallet that participated in its WLFI token sale.
USD1 is a dollar-pegged stablecoin, supported by U.S. Treasury assets and fiat reserves, that has been expanding across multiple blockchains through Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
With a market cap near $200 million, USD1 remains small compared to giants like Tether’s USDT and Circle’s USDC, but it’s gaining recognition due to its political association and role in MGX’s $2 billion investment into Binance.
Though the $47 payment is modest, it has successfully stirred interest and activity among holders, generating increased social media buzz on X.
This distribution aligns with World Liberty Financial’s upcoming launch of a proprietary crypto wallet, signaling the firm’s ongoing push into the crypto ecosystem.
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