Trump-Associated World Liberty Financial Sends Out (Small) Stimulus Checks to Investors
World Liberty Financial, Backed by the Trump Family, Sends $47 in USD1 Stablecoin to Token Holders
World Liberty Financial (WLFI), a crypto firm linked to the Trump family, has distributed $47 worth of its USD1 stablecoin to every wallet that participated in its WLFI token sale.
USD1, pegged to the U.S. dollar and secured by Treasuries and fiat reserves, is expanding rapidly across blockchains thanks to Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
With a market capitalization around $200 million, USD1 remains small compared to industry leaders like Tether’s USDT and Circle’s USDC. However, its association with the Trump family and use in MGX’s $2 billion investment in Binance have put it in the spotlight.
Though $47 is a modest payout, it has helped increase engagement among holders and sparked discussion on social media platform X.
This move comes as World Liberty Financial prepares to launch its own crypto wallet, aiming to enhance user experience and ecosystem growth in the near future.
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