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Trump Family-Backed World Liberty Financial Just Sent Everyone a (Small) Stimulus Check

10d ago
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World Liberty Financial, the Trump family-backed crypto firm, just dropped $47 worth of its USD1 stablecoin to each wallet that participated in its WLFI token sale.

The move comes as USD1, which is pegged to the U.S. dollar and backed by Treasuries and fiat reserves, expands across blockchains as result of Chainlink’s CCIP integration.

USD1’s market cap sits at $200 million — still small compared to Tether’s USDT or Circle’s USDC but notable given the Trump connection and the token’s use in MGX's $2 billion investment into Binance.

A $47 payout is unlikely to be a life-changing amount for token holders, but it has been enough to engage holders and bump social chatter around the project on X.

As such, the transfer comes as World Liberty Financial gears up to launch its own crypto wallet in the coming months, as reported Tuesday.

10d ago
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