USD1 has basically taken over the stablecoin investment market on CEXs. Binance is the main battlefield, and Gate, ByBit, MEXC have all been swept up. The interest rates are just too tempting. Now it’s starting to dominate on-chain DeFi as well—looks like it’s aiming to unify the stablecoin investment market USD1 has firmly secured the #4 spot in the stablecoin market. #5 is USDe, and #6 is Dai. It’s definitely the most aggressive stablecoin in this round of expansion. During this clear downtrend phase in crypto, USD1 is the best conservative strategy. With all other projects halting aggressive expansion, this is undoubtedly the best off-peak timing. Investors have no choice but to flock to USD1—this is USD1’s strongest foundation right now.