World Liberty (WLFI), the company linked to the sons of former President Donald Trump, has announced a landmark event for its USD1 stablecoin. The company revealed that the upcoming public token sale for the $FUN token by Sports Data Federation will be conducted exclusively using the USD1 stablecoin on the Legion launchpad. This marks the first-ever public token sale to utilize USD1 as the sole transaction asset.
The sale for Football.Fun, a base-layer sports prediction platform, is scheduled to launch on Tuesday, December 16, 2025, with a unit price of $1 per token. The sale will run concurrently on both the Legion platform and the Kraken exchange, closing on Thursday, December 18. The strategy aims to accelerate user onboarding and increase blockchain liquidity. The sale structure sets a fully diluted valuation (FDV) of $60 million with a soft cap fundraising target of $3 million. Token vesting will be 50% at the Token Generation Event (TGE) and the remaining 50% released linearly over six months.
Retail investors can participate in the on-chain sale, though UK users are excluded due to jurisdictional restrictions. Allocations on Legion will be based on achievement, rewarding long-time players, active contributors, and early supporters of the Sport.Fun ecosystem.
In a parallel and significant development for USD1 adoption, Binance is expanding its support for the stablecoin. WLFI co-founder and CEO Zach Witkoff confirmed that Binance will launch new USD1 trading pairs for XRP, DOGE, and SUI on December 16. The exchange will enable Spot Algo Orders for these new pairs at launch and offer Spot Grid and Spot DCA services for existing pairs like BNB/USD1, SOL/USD1, and ETH/USD1.
To encourage early trading, Binance is introducing a limited-time fee waiver for users at VIP levels 2 through 9 and Spot Liquidity Providers trading the new XRP/USD1, DOGE/USD1, and SUI/USD1 pairs, with zero maker and taker fees.
The USD1 stablecoin, backed by short-term US government Treasuries and cash equivalents, has seen its circulation soar to nearly $2.8 billion. This growth was significantly boosted by a $2 billion investment from Abu Dhabi firm MGX earlier this year, which chose to use USD1 for the transaction.
Despite Football.Fun achieving a record $100 million in Total Value Locked (TVL) within two weeks of launching on the Base blockchain, the $FUN token's market performance has struggled. It has registered a 63% decline over the past year, with recent drops of approximately 10% in the month and 9% in the week leading up to the announcement. The platform employs a token burn strategy, funded by 50% of platform revenue, such as a $25 million $FUN token burn executed in June 2025.
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