Why is USD1 dropping?

1. Binance launched U and simultaneously introduced staking products with a cap of 20,000 orders, possibly offering 10-20% APY. People are selling USD1 to switch over. 2. As the January 24 event end date approaches, funds are pulling out early, and the smart ones have already cashed out. 【What should you do next?】 1. If you bought U, sell it all now. It's still at the original price, no losses. 2. If you hold USD1, consider exiting early. It’s likely to drop further. In any case, make sure to get out before January 20. 3. If you’ve sold everything, just sit back and watch.