Trump-Associated WLFI Distributes Tokens to Boost USD1 Expansion as Regulatory Oversight Intensifies
Shares of World Liberty Financial (WLFI) jumped by over 20% last week after the cryptocurrency company revealed a $1.2 million token airdrop for early adopters of its USD1 stablecoin initiative. Analysts believe this move could further accelerate the adoption of the Trump-affiliated digital currency. The firm intends to allocate 8.4 million
This airdrop, designed to reward participants for trading USD1 pairs and holding stablecoin balances, highlights WLFI’s commitment to growing its loyalty rewards network. USD1, the company’s dollar-pegged stablecoin, has become the world’s sixth-largest stablecoin by market cap, now valued at $2.94 billion, according to
WLFI’s price has experienced significant fluctuations in recent months. The token is currently valued at $0.14, representing a drop of nearly 70% from its peak of $0.46 in September, though it appears to be stabilizing. In a recent analysis, Marzell commented in
The airdrop also brings attention to WLFI’s close association with Donald Trump’s political and financial network. According to Cointelegraph, Eric
Nonetheless, skeptics remain wary. The Trump family’s growing involvement in crypto has attracted regulatory attention, with lawmakers recently seeking to limit their financial operations. WLFI’s latest buyback and burn initiative—announced in tandem with the airdrop—could help control token supply, but experts caution that both political and market uncertainties still pose considerable risks, as previously noted by Yahoo Finance.
World Liberty Financial has yet to announce exact dates for upcoming airdrop rounds but stressed that the loyalty initiative is “just the start” of its campaign to promote USD1, according to the Yahoo Finance article. As the Trump-backed stablecoin cements its place in the digital asset market, the outcome of these strategies may determine whether WLFI sustains its momentum or encounters new challenges.
