- The WLFI receives an almost unanimous approval to test USD1 Stablecoin Airdrop, with 99.97% of token holders voting in favor.
- Stablecoin USD1, supported by American cash reserves, kept by Bitgo, should challenge the best players like USDT and USDC.
World Liberty Financial (WLFI) – A cryptographic initiative linked to the American president Donald Trump – simply finished a major governance vote. He received an almost total support to test his new stablecoin, USD1, via an air card to current WLFI tokens holders.
THE vote Officially ends on May 14, and more than 2.6 billion tokens have already been thrown in favor, an overwhelming approval rate of 99.97%. Less than a million tokens were used to oppose the proposal, showing solid support from the WLFI community.
The plan consists in carrying out a live test of the Ardrop USD system. Although the project has not revealed the exact date or the quantity of stablecoin will be distributed, the objective is clear: testing intelligent contracts, rewarding the first believers and determining all the folds. WLFI also said that it reserves the right to take a break, modify or cancel the trial if necessary.
USD1 Stablecoin presented a safer and fully sustained option
WLFI positions USD1 as a trusted and fully reserved stablecoin, in contrast strongly with the type that triggered the collapses of the past market. USD1 is set to the US dollar and supported by actual reserves, including short -term US cash bills and species. Bitgo, a well -known digital asset safety company, holds these assets in detention.
The stablecoin is quietly posted on the BNB channel in March, with Ethereum support added later. Early interest increased when the founder of Lookonchain and Binance CZ reported The new token through chain data. WLFI officially introduced USD1 on March 25 and put pressure for greater adoption.
However, another important step for USD1 is that it is already used in an agreement of $ 2 billion with Binance, according to Abu Dhabi Investment Group MGX, which announced the news at the Token2049 in Dubai. Stablecoin should appear in more institutional partnerships in the future.
Trump attaches controversy as the project wins steam
Despite WLFI's growing profile, his link with Donald Trump did not go unnoticed. Legislators, in particular democratic wings, are not fully supported, because of their concern about Trump's family financial benefits of the project. WLFI insists that any role linked to Trump is purely honorary, without direct property or management by the former president or his family.
However, this did not stop political heat. Senator Richard Blumenthal sent an official letter to the co-founder of WLFI, Zach Witkoff, demanding clarity on the way the project plans to separate from any potential presidential interest.
Meanwhile, the Democrats of the Chamber have left a recent audience for the regulatory of cryptography to protest.
The WLFI, launched in September, has already organized two sales of public tokens, raising $ 550 million of 85,000 participants. While the Stablecoins pass a market capitalization of $ 230 billion, WLFI sends a piece of this pie, putting USD1 in direct competition with Tether (USDT) and USDC de Circle.
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