USD1 Stablecoin Achieves Rapid Market Growth

According to PANews, the stablecoin USD1 has seen its market capitalization surpass $2.2 billion in less than 90 days, with a daily trading volume reaching $500 million. This achievement places USD1 among the top five stablecoin issuers globally. In comparison, USDC and USDT each took three years to reach a similar market capitalization, although the market was smaller at that time.