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#稳定币生态发展 Recently studying stablecoins and found the USD1 project quite interesting! 🤔 I saw that WLFI has just started governance voting and plan to use treasury funds to accelerate the application of USD1. What does this mean?
From a simple understanding, it seems like the project team wants to burn money for growth? By incentivizing more people to use USD1, then the community votes on how to spend the funds. This reminds me of traditional company marketing budgets... but in the crypto world, it seems more transparent because of the governance voting step.
But here’s the question—why specifically accelerate the application of USD1? Aren’t stablecoins mainly used for trading and payments? Does this mean there aren’t enough users yet? 😅 It feels like the competition in the stablecoin sector is very fierce, with USDT and USDC being so popular, so USD1 really needs to put in effort to stand out.
Can any experts explain what this voting means for ordinary holders? I feel like I don’t fully understand... Does it have any impact on the development of the stablecoin ecosystem? Please give some guidance!