World Liberty Financial said it will distribute 8.4 million WLFI management tokens to the first participants in the USD1 points program, rewarding users who help adopt its stablecoin.
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In a post on X, the Crypto-backed project said that the initial allocation will go to traders who have earned points by using USD1 pairs or maintaining USD1 balances on partner exchanges.
The rollout will take place on six centralized exchanges, Gate.io, Kucoin, LBank, HTX Global, Flipster and MEXC, with timing and eligibility determined by each platform.
World Liberty said the points program will continue alongside new initiatives aimed at increasing the utility of USD1, including new trading pairs, defi integration, and additional reward opportunities.
The company said the loyalty campaign has driven more than $500 million in trading activity since its introduction two months ago, positioning USD1 as the sixth largest stablecoin by market value. According to coinecko data.
