World Liberty Financial's $USD1 stablecoin has reached a circulating supply of $4.85 billion, marking a 9.7% increase over the past week. This growth comes as other stablecoins experience declines and the overall stablecoin market remains stagnant.
In a strategic move, Aster DEX has announced that its real-world-asset perpetuals will now settle exclusively in USD1. Additionally, World Liberty Financial has chosen to distribute the prize money for the UFC Freedom 250 event in USD1, further boosting the stablecoin's prominence in the market.
World Liberty Financial's $USD1 Stablecoin Surges to $4.85B Supply
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