World Liberty Financial (WLFI) has secured overwhelming community approval with 99.96% of WLFI token holders voting in favor of initiating on-chain airdrops of its USD1 stablecoin on the Ethereum mainnet. The airdrop will distribute a fixed amount of USD1 to eligible WLFI wallets, fully funded by WLFI, with no user contributions required. This initiative aims to conduct a live stress test of the network's airdrop system and enhance the token's visibility and utility.
USD1, launched only two months ago, has rapidly grown to a market capitalization exceeding $2.1 billion by early May 2025. The stablecoin is pegged to the US dollar and promoted as a politically neutral asset designed to facilitate adoption across decentralized finance (DeFi) and traditional financial sectors. However, speculation about ties to former US President Donald Trump and his inner circle have prompted regulatory scrutiny from US financial authorities. In Europe, upcoming Markets in Crypto-Assets (MiCA) regulations could present additional compliance challenges.
The airdrop proposal, submitted via Snapshot governance, garnered over 6.8 billion votes in favor. WLFI describes the distribution as a strategic move to test smart contract functionality under mainnet conditions and increase early user engagement. By providing free stablecoin tokens, the project hopes to expand USD1 adoption and build trust among holders. The exact timeline and distribution criteria are being finalized before execution.
Despite external controversies and regulatory hurdles, the community’s near-unanimous vote underscores strong confidence in the USD1 ecosystem’s development. This airdrop is positioned as a foundational milestone to scale the stablecoin’s global footprint and strengthen the WLFI governance model.