World Liberty to distribute 8.4 million WLFI tokens to USD1 users
World Liberty Financial (WLFi) announced the distribution of 8.4 million WLFI tokens to participants of the USD1 Points Program - a loyalty initiative for holders of its USD1 stablecoin.
Launched two months ago to promote USD1 adoption, the program allows users to earn points by trading USD1 pairs and holding the stablecoin on partner exchanges. These points can now be converted into WLFI, the ecosystem’s governance token.
The distribution will occur across six exchanges - Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC - with each setting its own schedule and terms. World Liberty noted that users with higher trading volumes and balances will receive larger rewards. The company said the program will continue to expand, adding new trading pairs, DeFi integrations, and a WLFi debit card set to launch in Q4 2025.
The USD1 stablecoin, backed by BitGo, has become the world’s sixth-largest, with a market cap of $2.98 billion. WLFI currently trades at $0.14, valuing the project at over $3.8 billion.
USD1's position in the stablecoin ranking by market cap. Source: dropstab.com
World Liberty Financial, often called “Trump Crypto,” is also pushing forward with plans to tokenize real-world assets (RWA). The company intends to issue asset-backed tokens integrated with USD1. Analysts say these initiatives show WLFi’s strategy to strengthen user engagement and liquidity around the USD1 stablecoin, building a broader ecosystem centered on its governance token.
Earlier, World Liberty Financial unveiled plans for a debit card and mobile app linked to USD1. The card will support Apple Pay, while the app will combine P2P payments and trading - similar to Venmo or Robinhood.
Co-founder Zach Folkman said the goal is to make everyday crypto payments as seamless as fiat transactions and to expand WLFi’s retail infrastructure.
Recommended