WLFI taps Legion for first USD1-backed public token sale

Trump’s World Liberty (WLFI) has announced the $FUN token sale by Sports Data Federation as the first to use its USD1 stablecoin on the Legion launchpad exclusively.

Football.Fun, a base-layer sports-prediction platform, is preparing to launch its public sale on December 16 at Legion. According to the platform, the $FUN token sale will take place concurrently on Legion and Kraken.

On its X platform, Football.Fun stated, “The $FUN token sale will take place concurrently on Legion and Kraken and will be conducted in USD1 on the Legion platform, subject to each platform’s eligibility and jurisdictional requirements.”

Football.Fun excludes UK users

The sale price is set at $1 per token to speed up the process of getting more users on board, make the blockchain more liquid, and help with price discovery when the service becomes live. Retailers can take part in the on-chain sale. The sale will close on Thursday, December 18, 2025. 

WLFI’s engagement is portrayed as making it easy and clear for people to take part. However, people in the UK can’t buy the token because of legal restrictions.

The sale will use USD1 stablecoin to enable transactions on the Legion platform, in partnership with Kraken. The sale structure includes a fully diluted valuation (FDV) of $60 million, with a soft cap raise target of $3 million. It will have a vesting schedule of 50% at the token generation event (TGE) and 50% linear vesting over six months.

Allocations on Legion will be based on achievement, meaning that rewards will be given to players who have been around for a long time, active contributors, and early supporters of the Sport.Fun ecosystem. Kraken will offer access to eligible, verified users. 

Football.Fun reached $100 million in Total Value Locked (TVL) within two weeks of launch on the Base blockchain, the fastest growth of any game on the network. 50% of platform revenue funds token burns. For instance, a $25 million $FUN token burn in June 2025 (0.23% of the total supply) was executed to reduce the circulating supply and drive scarcity.

However, the coin has not performed as expected, with a 63% decline in the last year. It has also tanked approximately 10% in the month and 9% in the last week. The coin is down 4.4% in the last 24 hours, now holding a market cap of a little over 20 million.

XRP/USD1 added as Binance grows its USD1 markets

This move follows Binance’s elevation of the stablecoin’s status by allowing users to trade tokens like BNB, ETH, and SOL using trading pairs. The exchange said that it was bringing USD1 into several of its most active spot markets. Binance also stated that it will convert all collateral assets backing Binance-Peg BUSD (B-Token) into USD at a 1:1 ratio.

Already, (WLFI) co-founder and CEO Zach Witkoff has confirmed that the XRP/USD1 trading pair is set to launch on Binance. According to Binance’s official announcement, trading for XRP/USD1, DOGE/USD1, and SUI/USD1 will go live tomorrow, December 16.

Additionally, Binance confirmed that Spot Algo Orders will be enabled for XRP/USD1, DOGE/USD1, and SUI/USD1 at launch. Spot Grid and Spot DCA services will also be available for BNB/USD1, SOL/USD1, and ETH/USD1.

Binance has introduced fee deals for new USD1 pairs to help early trading. For a limited time, users at VIP levels 2 through 9 and Spot Liquidity Providers will be able to trade XRP/USD1, DOGE/USD1, and SUI/USD1 with no maker or taker fees.

According to DeFiLlama data, there are nearly $2.8 billion worth of USD1 circulating. A large majority of the supply originates from the Abu Dhabi investment firm MGX, which chose to use USD1,000 earlier this year to make a $2 billion investment in Binance.

World Liberty’s USD1 stablecoin is said to be backed entirely by short-term US government treasury, US dollar deposits, and other cash equivalents.

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