Holders of World Liberty Financial’s WLFI token received an unexpected boost this week, as blockchain data revealed the distribution of USD1 stablecoins to their wallets.
Although there was no formal announcement from the project team, analytics platforms like Lookonchain spotted the movement on Ethereum, confirming that the airdrop had gone live late Tuesday night.
Airdrop follows prior community vote and stablecoin launch
According to on-chain records from Etherscan, a wallet linked to the World Liberty Financial project sent out 47 USD1 tokens to each WLFI-holding address.
The drop appears to include wallets that participated in the token’s earlier sales and had completed know-your-customer (KYC) procedures.
While not officially declared, this airdrop was hinted at in a previous governance proposal that received overwhelming support (99.96% approval), when put to a snapshot vote last month.
The stated purpose of the drop was twofold: to test the Ethereum mainnet’s onchain distribution capabilities and to promote USD1, World Liberty’s newly launched stablecoin.
USD1 was introduced in March and is reportedly backed 1:1 by short-term U.S. Treasury securities, fiat reserves, and equivalent cash instruments.
The token enters a market that is increasingly shaped by evolving regulations, including the proposed GENIUS Act in the U.S., which seeks to tighten compliance standards for stablecoin issuers.
Project ties raise questions as distribution sparks activity
The USD1 airdrop comes amid broader interest in dollar-backed stablecoins, with total market cap for the sector recently surpassing $250 billion.
Support from U.S. President Donald Trump has further boosted attention around World Liberty, though it has also stirred scrutiny. Trump and his sons are listed in the project’s whitepaper as ambassadors or advocates, prompting concerns about potential conflicts of interest.
Senator Richard Blumenthal raised questions last month about whether the Trump family had financially benefited from WLFI, a claim that attorneys for World Liberty have denied.
Meanwhile, centralization concerns remain: Dune Analytics shows that three wallets control over 93% of the USD1 supply, though it's unclear if these are held by custodians, investors, or the issuer itself.
With no public confirmation yet from World Liberty Financial, the airdrop has raised curiosity among crypto observers, and left WLFI holders checking their wallets.
