USD1 Stablecoin Soars Past $2 Billion in Market Cap, Driven by Loyalty Program and Strategic Partnerships

WLFI’s USD1 stablecoin has experienced meteoric growth, reaching a market capitalization of $2.2 billion in less than three months. This rapid rise is attributed to the launch of a groundbreaking loyalty rewards program, incentivizing active usage and prolonged engagement with the stablecoin. Daily trading volumes of around $500 million further solidify USD1’s position as a competitive force in the stablecoin market.