While investors twiddle their thumbs waiting for World Liberty Financial (WLFI) to make an official announcement about its USD1 stablecoin, on-chain data is screaming louder than a toddler denied candy. The USD1 stablecoin has already racked up a daily trading volume of nearly $44 million, all thanks to a sneaky soft listing on BSC and Ethereum. 🚀
According to Coingecko, the USD1 stablecoin has been busier than a bee in a flower field over the last 24 hours. The crypto data aggregator reveals that the stablecoin has pulled in a whopping $44.8 million in daily trading volume. Not bad for something that hasn’t even officially launched yet, eh? 😏
This surge in activity comes despite the absence of an official exchange listing announcement. Instead, USD1 tokens are quietly making bank on decentralized exchanges like PancakeSwap V3 on BSC. On-chain data shows that the most active trading pair is USD1/WBNB, with volumes hitting nearly $22 million. That’s enough to make even the most seasoned crypto trader raise an eyebrow. 🤨
Despite a jaw-dropping 43,714% spike in daily transaction activity, the total supply of USD1 is just over $7 million. WLFI co-founder Zach Witkoff reposted a tweet hinting at the soft launch of the USD1 stablecoin on Ethereum and BNB Chain. “The stablecoin USD1, created by the WLFI ecosystem, has recorded $45 million in volume within its first 24 hours live,” wrote the pseudonymous Notaz.Sol on X. “Now available on BNB Chain and Ethereum, the strong debut signals growing interest and demand for USD1.”
This sudden spike in daily trading volume follows an airdrop proposal for WLFI holders earlier in the week, which was clearly an attempt to boost adoption metrics. Clever move, WLFI. Clever move. 👏
Weeks after WLFI teased the ecosystem with the announcement of USD1, the stablecoin is still MIA on centralized exchanges. This delay has left investors scratching their heads, but the recent on-chain transaction volume suggests that a major listing announcement is just around the corner. 🕵️♂️
A previous prediction for the listing date of USD1 turned out to be as reliable as a chocolate teapot, but the community’s enthusiasm hasn’t waned. Since the April 1 prediction flopped, everyone’s eyes are glued to the calendar, hoping for a listing announcement before the end of April. 📅
However, pseudonymous crypto analyst xHuai.eth believes that the listing will likely coincide with the passing of a new stablecoin bill in the US. With Ethereum and BNB Chain already tapped for the launch, the technical groundwork is all set, hinting that a listing could be just around the corner. 🏁
USD1 is racing against other industry heavyweights like USDC and USDT, and an early listing could give it the edge it needs to carve out a slice of the market share. Let the games begin! 🎮
Read More
- Top 8 UFC 5 Perks Every Fighter Should Use
- Unaware Atelier Master: New Trailer Reveals April 2025 Fantasy Adventure!
- How to Reach 80,000M in Dead Rails
- Unlock Roslit Bay’s Bestiary: Fisch Fishing Guide
- 8 Best Souls-Like Games With Co-op
- Toei Animation’s Controversial Change to Sanji’s Fight in One Piece Episode 1124
- Choose Your Fate in Avowed: Lödwyn’s Ruins or Ryngrim’s Adra?
- The White Rabbit Revealed in Devil May Cry: Who Is He?
- REPO: How To Fix Client Timeout
- BTC/USD
2025-04-12 23:16