Market data from CoinGecko shows a notable acceleration in the supply of WLFI’s stablecoin USD1. In a matter of hours, the circulating USD1 tokens rose by more than 45.6 million, lifting the aggregate market capitalization to above $2.79 billion. This movement highlights persistent demand for stablecoins as a tool for liquidity management and cross-chain settlement within the crypto ecosystem.
In prior coverage, Binance unveiled the USD1 Flexible Savings product, advertising an annualized yield of up to 20%. The offering underscores a broader industry trend: platform-driven incentives to mobilize idle stablecoin balances, while investors weigh liquidity access against platform risk and the stability of the issuer.
Market participants should monitor liquidity metrics and evolving regulatory updates as issuance and yield dynamics evolve across WLFI and Binance.
Source: https://en.coinotag.com/breakingnews/usd1-stablecoin-by-wlfi-surges-45-6m-in-hours-to-a-2-79b-market-value-as-binance-launches-usd1-flexible-savings-up-to-20-apy
