Nancy🔆
Nancy🔆|Jun 05, 2025 06:45
Is the issue of stable currency by Trump simple? USD1 is a stablecoin and a mirror that reflects the contradictions in the cryptocurrency industry. It is infiltrating the cryptocurrency circle that we thought was very 'decentralized', becoming the most real phenomenon level product under the collision of global politics and blockchain. First, let's take a look at the USD1 landing application scenario: 1. Mainstream exchanges such as Coin Security, Huobi and MEXC have been put on the market and started to seize liquidity with USDT and USDC. 2. DeFi protocols such as ListaDAO and BUILDon have established liquidity pools and accept USD1 as collateral for lending. 3. Users can use USD1 to participate in Launchpool, do liquidity mining, and even become internal circulation media of the protocol. 4. Abu Dhabi government level fund MGX invested $2 billion in Binance through USD1, attracting global financial attention. That is to say, although USD1 is a newly issued currency, it has already penetrated infrastructure at an extremely fast pace. Should retail investors pay attention to USD1? I think there are three levels. ✔️ The first layer: This is not decentralization, it is the descent of power We like web3 because it provides a possibility to escape from traditional financial monopolies. But USD1 is rewriting this premise. He is not a coin released by DAO consensus, nor is he a DeFi stabilization mechanism created by a group of developers. It is issued by World Liberty Financial, a company controlled by the Trump family. It owns 60% of the shares, 75% of the seigniorage, and has national capital endorsements. This inevitably raises the question: 'If the strongest currency in the future (besides BTC) is not co built by the community, but issued by political forces, can we still call this decentralized finance?'? '' USD1 is the most blatant manifestation of the 'centralized power entering the crypto world' since the development of web3. ✔️ Second layer: Volume greater than market value The transparency of USD1 is currently not as good as USDC, and the audit data has not been fully disclosed yet. But there is one asset that no competitor can compare to: political influence. With just one tweet or a promotional speech from Trump, USD1 can fluctuate accordingly. This is a narrative asset that combines "politics," "public opinion," and "currency price. He doesn't want to become the most stable stablecoin, but rather the one with the loudest voice and the strongest discourse power. I think this also means that this coin is not just about capital, but perhaps more about emotions and rhythm. ✔️ Third layer: You may not need USD1, but you cannot ignore it The most easily overlooked point for retail investors is: You may not necessarily buy USD1, but many of the agreements, liquidity pools, and even NFT market settlements you participate in may be associated with USD1 in the future. When he becomes a "stable unit" in multi chain protocols and investment institutions use him as a hedging tool, it is no longer a matter of whether you choose to use him or not. This will affect the risk management strategy, trust foundation, and even asset allocation logic as a user. I think the maximum value of USD1 is not in its market value, but in forcing us to think: Is web3 a decentralized paradise or a new order of power? What Trump is doing with USD1 is an experiment about 'power entering the chain'. It seems that this experiment is succeeding. You may not support it, but you must be vigilant. USD1 may not be the future of the cryptocurrency industry, but it is definitely a crossroads we will pass through. If you have also thought about these issues, please feel free to share 🤗
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