World Liberty Financial (WLFI), a DeFi project connected to President Donald Trump, has initiated an airdrop of its USD1 stablecoins to wallets involved in its presale.
On June 4, analytics firm Lookonchain revealed that several wallet addresses participating in the WLFI token sale had received 47 USD1 tokens each. This move follows the approval of a proposal recommending the distribution of the USD-pegged stablecoins.
The choice of the number 47, tied to Donald Trump’s position as the 47th U.S. President, appears to be a deliberate reference. Several WLFI token holders on social media platforms have confirmed receiving the airdrop, which is an experiment in testing the project’s airdrop function.
Yup got it! pic.twitter.com/ZOoG1n2al1
— Eddie.H (@justcompostit) June 4, 2025
Stablecoin Airdrop Sparks Increased Activity
The proposal for the airdrop was passed on May 14, receiving overwhelming support with 99.96% approval from a governance vote, totaling 12,000 votes.
Prior to the airdrop announcement, USD1 transfer volumes reached an all-time high on April 29, 2025, with transactions totaling $4.2 billion.
This surge marked an extraordinary spike compared to previous activity. While the volume dipped slightly afterward, it has remained consistently higher than prior levels, hovering around $1.6 billion. The chart below shows an astounding increase of 8,862,627.8% in transfer volume following the airdrop.
Increased Trump-Linked Crypto Activities
In addition to the airdrop, there has been a significant increase in transactions involving Trump-related crypto tokens. On the same day, several major exchanges, including Binance, OKX, Bybit, and Coinbase, saw substantial deposits of TRUMP tokens.
These tokens were mostly transferred from the Squads Vault. A total of 4.166 million TRUMP tokens, worth approximately $48.68 million, were transferred across these platforms.
A month earlier, similar deposits occurred, totaling 3.849 million TRUMP tokens, valued at around $57.61 million. These transactions have sparked further discussions around the broader crypto ecosystem surrounding Trump-linked initiatives.
Melania Trump’s Meme Coin Expands
In another development, Melania Trump’s meme coin project, MELANIA, has gained attention through a partnership with Wintermute for liquidity supply.
Following the announcement, 150 million MELANIA tokens, valued at approximately $50 million, were transferred from the community wallet, with 20 million tokens sent to Wintermute. The team has also hinted at launching a new website soon.
In the midst of these developments, rumors have circulated regarding an “Official Trump Wallet” crypto project. However, both the Trump Organization and his sons have denied involvement in such an initiative, despite the growing interest and speculation.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
