World Liberty Financial has airdropped $47 in its stablecoin USD1 to reward early investors, linking the event to Donald Trump's potential presidency.
USD1 Airdrop and Trump Connection
World Liberty Financial sent $47 in its stablecoin USD1 to early supporters who joined the presale. The initiative was spotted by blockchain watchers on June 4 and quickly confirmed by users on social media. The number 47 is seen as a nod to Donald Trump potentially becoming the 47th U.S. president, and the project has leaned into that symbolism.
Voting Process and Results
The airdrop was not a surprise; it was proposed weeks ago and went through a community vote. Over 12,000 participants weighed in, with nearly all supporting the idea. The proposal passed with more than 99% approval, with final sign-off on May 15.
The Situation with USD1 and Other Crypto Events
The WLFI team mentioned that the airdrop was meant to test their tech, reward early adopters, and attract attention to USD1. Launched just two months ago, this stablecoin gained traction quickly, with trading volume peaking at $140 million. Currently, its market cap stands at $2.18 billion. Additionally, just a day earlier, Trump Media filed paperwork to launch a Bitcoin ETF, which adds to the overall picture of crypto activity linked to Trump.
The relationship between politics and cryptocurrency is becoming increasingly evident, especially with the USD1 airdrop, ETF filings, and memecoin activities associated with Trump's name.
