.png){kind=logo}
The blockchain project WLFI, initially associated with the Trump family, has launched the USD1 stablecoin, which is now experiencing significant growth in its market activity and usage within the ecosystem. According to reports from CoinMarketCap and BscScan, the market capitalization of USD1 is currently $127.8 million. With a total supply of 113 million tokens, over 90% of all issued USD1 tokens are in circulation on the BNB Chain.
The stablecoin experienced high trading levels, as it registered near $100 million in daily trading activities. The USD1 market mainly operates through decentralised platforms, where PancakeSwap is the primary trading platform for its new liquidity pool.
The USD1 token project forms more substantial decentralised finance (DeFi) bonds by running its liquidity pools on the PancakeSwap exchange. Users can now access $19 million through all USD1 pools on the platform. The PancakeSwap V3 liquidity pool maintains more than $10.95 million in held assets.USD1 liquidity pools connected to PancakeSwap let users complete token swaps with USD1 as the base currency.
The dual function achieves both the protection of USD1 value and provides optimised network operations. The token maintains stability and accessibility because its continuously rising liquidity is a foundation in the BNB Chain ecosystem. High platform liquidity shows the pattern of active user participation. Protocol users demonstrate their dependence on USD1 by steadily increasing its use as a stable value storage through DeFi trading platforms.
Listadao launched the USD1 Vault on BNB Chain as a dedicated lending protocol for its users. The vault enables users to obtain USD1 loans worth $20 million by depositing BTCB or WBNB as collateral through its borrowing feature. Since its latest integration, USD1 has served multiple functions beyond trading purposes, making it an independent DeFi borrowing solution.
Integration between USD1 and other DeFi platforms gives it operational enhancements that enable several new user interface features. Users accessing stablecoin liquidity benefit the borrowing service through shared value, attracting users and protocol fees. The “StableCoin Gas-Free Carnival” campaign from BNB Chain added USD1 as a participating stablecoin.
Users using stablecoins for promotional activities through the campaign's initiative can receive free gas fees. After users spend USD1 on the platform, the system could build public awareness and transaction dominance on BNB Chain. The momentum behind the BNB Chain stablecoin USD1 remains strong since its user base and partnership network keep growing within the BNB Chain stablecoin sector. Users find the stablecoin useful because it operates throughout DeFi trading zones, lending protocols, and incentive systems.
