WLFI has climbed to the fifth spot among stablecoins. Its market cap has surpassed USDe, and it's now just $100M TVL away from overtaking DAI for fourth place. The most crucial part? It just secured the full VIP treatment for Binance's USD1 contract trading pair: ▌BTCUSD1 perpetual contracts are about to go live ▌Enjoys the highest collateral tier (99.99% collateral ratio) Before USD1, the number of stablecoins that could get this level of treatment on Binance could be counted on one hand: USDT USDC And Binance's own BUSD / FDUSD In other words, USD1 is the first external stablecoin to be treated by Binance as one of its own.