Home
News
Details

World Liberty Financial Proposes $120M Treasury Move to Scale USD1 Stablecoin

iconCoinpedia
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
USD1
$0.9993-0.01%
World Liberty Financial is proposing a $120 million treasury move to scale its USD1 stablecoin. The plan seeks to boost USD1’s circulating supply and expand integrations on DeFi and CeFi platforms. A governance vote is now live, with early opposition reported. USD1, launched in March, has a market cap of $2.74 billion and ranks as the seventh-largest USD-pegged stablecoin. Those asking “what is USD1” should note its growing presence in the stablecoin market.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.