World Liberty Financial to distribute 8.4 million WLFI for early USD1 adopters
Quick Take
- World Liberty Financial announced that it is distributing 8.4 million WLFI tokens to participants of the USD1 Points Program.
- The distribution rewards users who earned points by trading USD1 pairs on partner exchanges and maintaining USD1 balances.
World Liberty Financial announced that it will distribute 8.4 million WLFI governance tokens to reward early users who participated in its USD1 stablecoin points program.
The USD1 Points Program launched two months ago as a loyalty platform to promote World Liberty's stablecoin project, where users can earn points by trading USD1 pairs on partner exchanges and maintaining USD1 balances.
The initial WLFI distribution will take place on six exchanges — Gate, KuCoin, LBank Exchange, HTX Global, Flipster and MEXC — with timing details to be provided in each platform's announcements. Eligibility criteria and reward allocations are determined by individual exchanges and may vary, World Liberty noted.
"The WLFI points program will continue expanding alongside new USD1 initiatives, with more venues and ways to earn points, new trading pairs and ways to use USD1, upcoming DeFi integrations, and broader reward opportunities for driving use and adoption," World Liberty wrote in an X post.
The Trump-backed crypto project recently announced that it is "actively working on" real-world asset tokenization to potentially pair with USD1 stablecoin. It is also expected to launch its own debit card in the fourth quarter of this year or the first quarter of 2026, CEO Zack Witkoff said during the Token2049 conference in Singapore earlier this month.
USD1, a U.S. dollar-pegged stablecoin issued by World Liberty Financial and custodied by BitGo, is currently the sixth-largest stablecoin in the world with a market capitalization of $2.98 billion.
WLFI is trading down 5.25% in the past 24 hours at $0.14, with a market cap of $3.8 billion, according to The Block's price data.
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