The DeFi platform backed by the Trump family, World Liberty Financial (WLFI), has proposed a plan to distribute its native stablecoin, USD1, via an airdrop to WLFI holders as a trial.
The aim of the test is to verify the platform’s on-chain airdrop infrastructure for future plans while also rewarding early adopters.
WLFI plans to distribute a fixed amount of USD1 to each eligible wallet using its airdrop system, but the exact amount and timing have not yet been announced.
The USD1 stablecoin to be launched by WLFI will be fully backed by US Treasuries, US dollars, and other cash equivalents, ensuring a stable value of $1 per token.