Trump-linked decentralized finance venture World Liberty Monetary is distributing 47 USD1 stablecoins to pockets addresses that participated in its presale.
The airdrop was first flagged by blockchain analytics agency Lookonchain in a June 4 put up on X, which famous that wallets concerned within the WLFI token sale acquired 47 items of USD1. A number of WLFI token holders on X have confirmed receiving the airdrop, which was carried out on the Ethereum (ETH) blockchain.
The quantity 47 is believed to commemorate Donald Trump turning into the forty seventh President of america, giving the airdrop ceremonial significance past its greenback worth. The airdrop was initially proposed and authorized via World Liberty’s on-chain governance platform, with 99.96% of 12,000 voters supporting the transfer.
The ultimate approval was granted on Could 15, following the vote’s conclusion the day earlier than. WLFI beforehand stated the marketing campaign would serve to check the venture’s airdrop infrastructure, reward early adopters, and improve publicity for USD1.
USD1 is World Liberty’s flagship stablecoin, backed by U.S. Treasuries, money, and equal property. Custodied by BitGo, it launched in April 2025 and rapidly gained traction, with buying and selling volumes spiking greater than 6,700% at one level to succeed in $140 million. Its market cap now stands at $2.18 billion, with an equal circulating provide, as per DefiLlama knowledge.
The airdrop arrives amid a wave of crypto-related exercise involving Trump-affiliated ventures. On June 3, Trump Media & Know-how Group filed to launch a spot Bitcoin (BTC) ETF. In the meantime, rumors of a separate crypto pockets venture branded because the “Official Trump Pockets” have surfaced, although each the Trump Group and Trump’s sons have denied involvement.
Including to the momentum, Lookonchain additionally reported on June 4 {that a} pockets related to the TRUMP memecoin venture moved 4.17 million tokens, valued at $46.97 million, to Binance, Coinbase, OKX, and Bybit.
These overlapping developments have ignited each pleasure and concern as authorities proceed to look at the connection between Trump’s political affect and blockchain involvement,