World Liberty Financial, linked to the Trump family, airdropped millions of its stablecoin, USD1, to more than 85,000 Ethereum wallets on May 2025, highlighting its innovative distribution approach.
The event underscores a unique distribution method in the cryptocurrency space, potentially impacting market behavior and drawing attention due to the high-profile political association with the Trump family.
Ethereum Targeted in Massive USD1 Stablecoin Release
World Liberty Financial, a new entrant in the crypto industry, executed a stablecoin airdrop to boost engagement. Backed by a $550 million token sale, USD1 distribution aimed to create market momentum and political highlights.
Involving over 12,000 governance token holders, the airdrop received near-unanimous approval. The action, targeting Ethereum wallet holders, featured significant on-chain governance activity, driving notable blockchain movement.
Governance is conducted on-chain, with a recent vote involving over 12,000 WLFI token holders approving the airdrop with 99.96% consensus. – Unknown, Spokesperson, World Liberty Financial
USD1 Surge Spurs Ethereum Gas Fee Hike
The airdrop increased USD1’s circulating supply significantly, causing Ethereum gas fees to surge temporarily. Despite no dramatic changes to BTC or other tokens, the event signals heightened blockchain engagement.
Market analysts suggest the airdrop reflects unique marketing strategies but note the non-tradable WLFI token limits investor exit options. Historical airdrop strategies provide context for expected short-term speculation.
Non-Tradable WLFI Token Shifts Airdrop Dynamics
Similar events, such as UNI’s airdrop, showed short-term gains but variable long-term effects. The non-tradable aspect of WLFI differentiates this case, emphasizing long-term strategic governance control.
Kanalcoin experts observe the airdrop as a publicity tactic more than financial innovation, highlighting the absence of developer engagement or platform utility akin to previous decentralized finance (DeFi) initiatives.
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