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🪙 USD1 Stablecoin: Why $4 Billion in Growth Masks Deeper Risk in 2026 USD1 stablecoin grew faster than any competitor by leveraging a single $2 billion institutional settlement, but its supply remains heavily concentrated on one exchange, its issuer faces congressional scrutiny over conflict-of-interest concerns, and a treasury self-dealing incident on the Dolomite lending platform in April 2026 exposed governance risks that could affect depositors and institutional confidence alike.

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