Phyrex|Apr 04, 2026 21:31
Recently, I've noticed that besides Binance, many other exchanges have started promoting USD1 investment activities. They're all offering WLFI rewards for staking USD1. This is almost exactly what I predicted during the CLARITY Act discussions—since USDC is tied to Coinbase, the inability of stablecoins to generate yield would inevitably cause challenges in promotion.
Now, USD1 is not only collaborating with Binance but also beginning partnerships with other exchanges. On one hand, this is to capture trading volume outside the U.S. market, and on the other hand, it's an effort to minimize the impact if CLARITY goes into effect.
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