[Analysis: WLFI spends $115 million to expand the market for USD1, stablecoin supply increases by 50%, trading volume grows 10x] According to on-chain analyst Yu Jin, WLFI has spent over $115 million (in WLFI form) over a span of 4 months to expand the market for USD1. This includes interest rate subsidies for USD1 on CEXs (such as Binance, Bybit, etc.), activity subsidies on Aster, and interest rate subsidies on on-chain lending platforms (like Dolomite). As a result, the supply of USD1 increased by 50% ($3.137 billion → $4.76 billion), rising from 7th to 4th place among USD-pegged stablecoins, surpassing USDe and PYUSD, and now ranking only behind USDT, USDC, and DAI.