Trump-Backed Cryptocurrency Project Distributes Stablecoin to WLFI Holders

World Liberty Financial (WLF), a cryptocurrency project backed by former US President Donald Trump, has airdropped its new stablecoin USD1 to holders of its native token WLFI. This distribution was confirmed by blockchain analysis firms Lookonchain and SlowMist. The airdrop occurred late Tuesday night when a wallet linked to the project sent $47 worth of USD1 tokens to wallets holding WLFI in a batch transaction, according to Etherscan data. More than 85,000 users who participated in the WLFI token sale underwent KYC verification before receiving the token distribution.