- World Liberty Financial airdropped $47 in stablecoins to early WLFI presale wallets on Ethereum, symbolizing Trump’s 47th presidential bid.
- The USD1 stablecoin, launched in April 2025, reached a $2.18 billion market cap and is backed by cash and U.S. Treasuries.
- Trump-related crypto activity expanded with ETF filings and token movements totaling millions across major digital asset platforms.
World Liberty Financial, a decentralized finance initiative connected to Trump-linked efforts, has distributed $47 worth of its USD1 stablecoin to participants of its earlier token presale. Blockchain analysts from Lookonchain identified the airdrop activity on June 4. Wallets that took part in the WLFI token sale were confirmed to have received the stablecoins.
The amount distributed 47 USD1 tokens, is understood to mark Donald Trump’s potential position as the 47th president of the United States. This symbolic gesture carries political resonance beyond the monetary value. According to the project, the airdrop decision was voted through its on-chain governance platform, with 99.96 percent of over 12,000 participants supporting the move.
Governance-Backed Distribution
Final approval for the airdrop occurred on May 15, following a governance vote held the previous day. World Liberty Financial stated that the distribution would test its airdrop system, reward early supporters, and promote visibility for its USD1 stablecoin.
USD1, the native stablecoin of the World Liberty ecosystem, is backed by U.S. Treasuries, cash, and other equivalent reserves. The coin is custodied by BitGo. Since its April 2025 launch, USD1 has seen a sharp rise in trading activity, with a one-time volume increase of over 6,700 percent. According to DefiLlama, USD1 now has a market capitalization of $2.18 billion, equal to its circulating supply.
Broader Trump Crypto Activity Expands
The airdrop adds to a growing series of Trump-affiliated crypto actions. On June 3, Trump Media & Technology Group submitted plans for a spot Bitcoin ETF. Meanwhile, speculation around a product branded the “Official Trump Wallet” has surfaced online. However, both the Trump Organization and family representatives have denied direct involvement in such crypto wallet initiatives.
On the same day as the airdrop, Lookonchain reported a transaction from a wallet linked to the TRUMP memecoin project. The wallet moved 4.17 million tokens, valued at nearly $47 million, across major exchanges including Binance and Coinbase. These developments have drawn scrutiny amid discussions on the merging of political branding and blockchain assets.
