A DeFi initiative with links to the Trump family, World Liberty Financial (WLFI), is planning to distribute a new stablecoin to its community as part of a live test of its airdrop system.
Following the announcement of its upcoming stablecoin, USD1—which the project claims is backed by U.S. dollar reserves, cash equivalents, and short-term Treasury securities—World Liberty is preparing a small-scale airdrop to current WLFI holders.
The precise amount of tokens to be distributed will depend on the number of qualifying wallets and the project’s allocated budget.
According to the team, this test run is aimed at validating the functionality of the smart contracts behind the airdrop system, while also offering early supporters a first look at USD1.
The effort is framed as both a technical trial and a gesture of appreciation toward the community.
Though Donald Trump is not officially part of the company’s leadership or staff, World Liberty refers to him as its “Chief Crypto Advocate.” Additionally, the project discloses that DT Marks DEFI LLC—a firm connected to Trump and his relatives—owns a substantial WLFI stake and is entitled to receive a portion of associated fees.
BitGo Holdings, Inc. has taken a key step toward becoming a publicly traded company by confidentially submitting a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC).
CoinMarketCap’s momentum algorithm is flashing strong upside signals for several fast-moving tokens. WEMIX, Drift, and OFFICIAL TRUMP Coin top today’s trending list, each driven by unique catalysts—from GameFi upgrades and DeFi volume surges to political tailwinds.
The crypto market continues to flash bullish signals, with the CMC Fear & Greed Index holding at 67 despite a minor pullback from yesterday.
According to QCP Capital’s latest report, altcoin season may have finally arrived.