USD1 Stablecoin Blasts | Crypto

USD1 has grown from $128 m to more than $2.1 bn within days, driven by sizeable BNB-Chain mints and MGX’s agreement to use the token for a $2 bn Binance investment. Backed by WLFI, the dollar-pegged coin now ranks seventh by market cap, has drawn investors across Europe, Asia and Latin America, and has been listed fee-free on HTX. The post USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg? appeared first on Cryptonews.