• About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
Sunday 25 May 2025
No Result
View All Result
Cryptoverse News
  • Home
  • BITCOIN
  • ALTCOINS
  • ETHEREUM
  • EXCHANGE
  • METAVERSE
  • LEGAL
  • ANALYTICS
  • NFT
  • Home
  • BITCOIN
  • ALTCOINS
  • ETHEREUM
  • EXCHANGE
  • METAVERSE
  • LEGAL
  • ANALYTICS
  • NFT
No Result
View All Result
Cryptoverse News
No Result
View All Result
Home ALTCOINS

World Liberty Financial Opens Voting for USD1 Airdrop

Cryptoverse by Cryptoverse
May 7, 2025
in ALTCOINS, FINANCE
Reading Time: 4 mins read
TRUMP Still Remains Bearish As US-Ukraine Tensions Rise
Share on FacebookShare on TwitterShare on Linkedin


World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by the Trump family, has officially launched a vote to approve the airdrop of its USD1 stablecoin to eligible WLFI token holders.

At the same time, World Liberty Financial has expanded its partnership with Lista DAO to offer stable yield for the USD1 stablecoin.

WLFI Pushes USD1 Adoption Through Airdrop and Stable Yield

After proposing the airdrop in early April, World Liberty Financial is now taking the next steps toward distributing USD1 to WLFI holders. These steps include a snapshot vote and an airdrop test.

“This advisory proposal recommends World Liberty Financial test its onchain airdrop feature by distributing a small amount of USD1 to all current WLFI token holders. This will allow World Liberty Financial to validate the technical functionality of its airdrop system in a live environment while thanking early supporters of the project,” the team stated.

The governance vote will take place from May 7 to May 14. At the time of writing, the poll shows 99.97% favoring “YES”—agreeing to proceed with the USD1 airdrop test. This suggests the project will likely launch the airdrop this month or next.

USD1 is a stablecoin that launched in March 2025. Short-term US government bonds, USD deposits, and other cash-equivalent assets back it. As the global stablecoin market cap surpasses $242 billion, USD1 is emerging as a new player, especially with backing from the Trump family.

Additionally, data from BeInCrypto shows that USD1 experienced rapid growth in a short period. On April 28, its market cap stood at $128 million. By the following day, it had surged to over $2 billion.

USD1 Market Capitalization. Source: BeInCrypto
USD1 Market Capitalization. Source: BeInCrypto

Right after the vote, WLFI made another move by announcing the integration of USD1 into the Lista DAO ecosystem on BNB Chain. According to a post on the project’s X account, the USD1/ListaDAO liquidity pool is now live. This allows users to engage in DeFi activities such as lending, borrowing, and earning a stable yield.

“The momentum behind USD1 is real — and we’re just getting started. Let’s fly.” – WLFI stated.

Stable yield is becoming a hot trend in the crypto market, especially as investors seek steady returns from stablecoins without the price volatility of regular tokens.

Despite its momentum, WLFI is currently under fire from critics and legal authorities. Financial ties with foreign investors have raised concerns about conflicts of interest and national security risks, putting WLFI under significant pressure from lawmakers.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



Source

ShareTweetShare

Related Posts

HSBC goes live with tokenized deposits in Hong Kong amid global banking shift
ALTCOINS

HSBC goes live with tokenized deposits in Hong Kong amid global banking shift

by Cryptoverse
May 25, 2025
BlockchainReporter Weekly Crypto News Review: Regulations, Education, and Tokenization
ALTCOINS

BlockchainReporter Weekly Crypto News Review: Regulations, Education, and Tokenization

by Cryptoverse
May 25, 2025
MSTR Stock Could Crash To $350 Before Rally To $700, Says Expert
FINANCE

MSTR Stock Could Crash To $350 Before Rally To $700, Says Expert

by Cryptoverse
May 25, 2025
Bitcoin Pulls Back After Trump Tariff Shock, But Bullish Trend Holds
ALTCOINS

Bitcoin Pulls Back After Trump Tariff Shock, But Bullish Trend Holds

by Cryptoverse
May 25, 2025
Ethereum Holder Sold Over $570 Million in 48 Hours – What’s Next for ETH?
ALTCOINS

Ethereum Holder Sold Over $570 Million in 48 Hours – What’s Next for ETH?

by Cryptoverse
May 24, 2025
Ripple Builds Tokenized Asset Infrastructure for Future Generations
ETHEREUM

Ripple Builds Tokenized Asset Infrastructure for Future Generations

by Cryptoverse
May 24, 2025
Stampacraft
USD EUR rates by TradingView

Latest Crypto News

Dubai picks XRP Ledger for real estate tokenization as 3,000 investors register
EXCHANGE

Dubai picks XRP Ledger for real estate tokenization as 3,000 investors register

by Cryptoverse
May 25, 2025

More than 3,000 investors have registered for Dubai’s flagship real estate tokenization program. Mahmoud AlBurai, a senior executive at the...

Read moreDetails
Trump’s controversial memecoin dinner elicited mixed responses from attendees

Trump’s controversial memecoin dinner elicited mixed responses from attendees

May 25, 2025
HSBC goes live with tokenized deposits in Hong Kong amid global banking shift

HSBC goes live with tokenized deposits in Hong Kong amid global banking shift

May 25, 2025
BlockchainReporter Weekly Crypto News Review: Regulations, Education, and Tokenization

BlockchainReporter Weekly Crypto News Review: Regulations, Education, and Tokenization

May 25, 2025
MSTR Stock Could Crash To $350 Before Rally To $700, Says Expert

MSTR Stock Could Crash To $350 Before Rally To $700, Says Expert

May 25, 2025

Download CryptoverseNews App

  • About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

© 2024 CryptoverseNews - All rights reserved.

No Result
View All Result
  • About
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

© 2024 CryptoverseNews - All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.