World Liberty Financial (WLFI), a Trump-backed blockchain project, has officially approved a governance proposal to test its airdrop system by distributing a small amount of its USD-pegged stablecoin, USD1, to WLFI token holders.
Passed with overwhelming support 99.96% of 12,000 votes cast the proposal greenlights a live test aimed at validating smart contract functionality and system reliability. While no specific date for the airdrop has been announced, the test is seen as a major step in preparing for a wider distribution of the stablecoin.
Airdrop Mechanics and Eligibility
The airdrop will allocate a fixed USD1 amount to each eligible WLFI holder. However, the final payout per wallet will depend on two key variables:
- The number of eligible wallets
- The budget allocation for the airdrop event
Eligibility criteria will be finalized closer to the distribution date, and World Liberty Financial reserves the right to suspend, modify, or cancel the airdrop. Additional terms may also be introduced at the project’s discretion.
The initiative not only aims to reward early adopters but also serves to boost adoption and real-world circulation of USD1, WLFI’s homegrown stablecoin.
What Is USD1?
USD1 is a stablecoin developed by World Liberty Financial Inc., backed by U.S. Treasuries, cash reserves, and dollar-based equivalents. Custody is managed by BitGo, ensuring secure reserves backing each token.
Since its April 2025 launch, USD1 has witnessed explosive growth trading volume surged over 6,700% to hit $140 million, with its market cap now exceeding $2.1 billion. USD1 currently circulates across Ethereum, Binance Smart Chain, and most recently, the TRON blockchain.
Major Adoption Milestones
USD1 made headlines earlier this month at Token2049, when WLFI co-founder Zach Witkoff announced its selection as the official stablecoin for MGX’s $2 billion investment into Binance the largest investment ever made in stablecoins.
The ongoing airdrop test is expected to play a critical role in promoting USD1’s utility and setting the stage for broader adoption in DeFi, payments, and institutional finance.
With the airdrop test now approved, World Liberty Financial is one step closer to integrating its USD1 stablecoin more deeply into the crypto economy. The trial will not only validate the project’s smart contract infrastructure but also reward the WLFI community for its early support potentially setting a new standard in crypto-financed private investment.
