The WLFI Wallet team has confirmed that their USD1 stablecoin remains fully compliant and backed 1:1, despite a brief depegging incident. A team member, Dylan_0x, stated on social media platform X that an attack was organized against the stablecoin. This statement follows on-chain investigator ZachXBT's announcement of an upcoming investigation report targeting a major crypto company, which coincided with WLFI's temporary decline and USD1's depegging.
WLFI Wallet Team Affirms USD1 Compliance Amid Depegging Concerns
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