Trump-linked World Liberty to airdrop $1.2M of WLFI tokens to early USD1 users
Summary
World Liberty Financial (WLFI), a crypto venture linked to Donald Trump, announced an airdrop of 8.4 million WLFI tokens, valued at about $1.2 million, to early participants in its USD1 Points Program. This program rewarded users for trading USD1 pairs or maintaining balances on partner exchanges like Gate.io, KuCoin, and MEXC. The company plans to expand the points initiative to include new venues and DeFi integrations. USD1, World Liberty's US dollar-backed stablecoin, is currently the sixth-largest globally with a $2.94 billion market cap. The article also notes that Trump's crypto ventures, including World Liberty Financial, have generated significant personal wealth, with the family reportedly earning over $1 billion in pre-tax profits from these ventures in the past year.
(Source:Cointelegraph)