A leading exchange recently announced that it will smoothly convert BUSD staking assets into USD1 (the next-generation synthetic stablecoin) at a 1:1 ratio. This move marks another iteration and upgrade of the stablecoin ecosystem.



USD1 is currently very active, with smooth progress in financing. The project team aims to reach a minting scale of over 10 billion in the short term. More notably, as ecosystem wallet applications like WLFI are gradually launched, the application scope of USD1 in payment, trading, DeFi lending, and other scenarios will expand significantly. Once the wallet ecosystem gains traction, these high-liquidity, application-empowered stablecoins often attract substantial capital inflows, and increased market recognition could lead to considerable ecological value release.
USD10.03%
WLFI4.92%
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MaticHoleFillervip
· 8h ago
Another stablecoin, are you tired of this routine? --- BUSD to USD1, just like that, got exploited? --- Sounds good, but the real test is whether the wallet ecosystem can grow --- A 10 billion minting scale, feels like another aircoin routine --- Successful fundraising? Yeah right, let’s see how long they can survive --- Ecosystem wallets are launching one after another... who hasn't said that before? Just wait and see --- High liquidity? Still because exchanges are supporting it, retail investors are taking the bait --- Why is there another stablecoin innovation? Is the ecosystem application really that optimistic? --- WLFI wallet, never heard of this name, not very optimistic --- Smooth transition sounds good, but in reality, it’s still a forced migration --- Strong liquidity is good, but watch out for de-pegging --- The project team’s hype is a perfect 10, but how much can they actually deliver? --- There are too many stablecoins, what’s the differentiation?
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MEVEyevip
· 8h ago
Hmm... another stablecoin is telling a story. A 10 billion minting scale sounds pretty ambitious.
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DegenDreamervip
· 8h ago
It's another stablecoin game. The BUSD to USD1 move is indeed smooth, but to be honest, I always feel a bit uncertain watching this fundraising progress... Let's just wait for the wallet ecosystem to really gain traction, then we'll see the true strength. A 10 billion minting scale sounds quite impressive, but I'm worried it might end up being incompatible... During this cycle, the stablecoin ecosystem has indeed been experimenting with new ideas, but who knows, maybe the next hot trend will be this thing.
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P2ENotWorkingvip
· 8h ago
You're trying to fool people into transferring coins again. I'm tired of this trick.
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