Two fun facts about WLFI @worldlibertyfi USD1:
1️⃣ The supply of USD1 has surged dramatically: from $3.3 billion at the end of January's activities to now $4.4 billion, an increase of $1.1 billion.
2️⃣ Surprisingly, the specific growth of USD1 is not on BSC but on Solana:
Most of the $1.1 billion increase occurred on SOL: from $160 million to about $855 million, an increase of nearly $720 million.
Other portions come from BSC and ETH chains.
So it feels a bit different from what we initially thought; I previously assumed it would all grow on the BSC chain. It seems the overall strategy is the result of the integration of Solana DeFi + CEX incentives + project treasury subsidies.
Among them, Solana's low cost and high TPS allow USD1 to truly become a practical asset for trading/lending, rather than just remaining at the "bridging" level on ETH/BSC.
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