A leading exchange today launched an attractive promotion—users can invest USD1 within a limit of 50,000 USD to earn an annualized yield of 20% APY. Once announced, the market responded quickly. According to CoinGecko data, the supply of USD1 increased by over 45.6 million tokens within just a few hours, and the total market capitalization surpassed $2.79 billion.
USD1 is a stablecoin product launched by World Liberty Financial. The combination of high yields and exchange traffic seems to effectively stimulate market participation. From the data growth rate, this activity has a considerable appeal for stablecoins. Notably, the 20% APY yield level is relatively high in the stablecoin sector, which also explains why a large influx of funds was attracted in a short period.
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AltcoinMarathoner
· 7h ago
ngl, 45.6M tokens minted in hours feels like mile 3 energy – everyone's still fresh and sprinting. but real question: can USD1 actually *sustain* this adoption curve or is this just exchange liquidity games? 20% APY on a stablecoin screams "accumulation bait" to me... watched this movie before. 👀
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HashBard
· 7h ago
20% apy on stables is basically the market screaming "we're desperate" in morse code lol... watch the rug pull narrative write itself in 6 months
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YieldChaser
· 7h ago
20% APY? That's a bit exaggerated. How high of a risk would it take to support that...
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UnluckyLemur
· 7h ago
20% APY? That return sounds too outrageous. Is it real?
A leading exchange today launched an attractive promotion—users can invest USD1 within a limit of 50,000 USD to earn an annualized yield of 20% APY. Once announced, the market responded quickly. According to CoinGecko data, the supply of USD1 increased by over 45.6 million tokens within just a few hours, and the total market capitalization surpassed $2.79 billion.
USD1 is a stablecoin product launched by World Liberty Financial. The combination of high yields and exchange traffic seems to effectively stimulate market participation. From the data growth rate, this activity has a considerable appeal for stablecoins. Notably, the 20% APY yield level is relatively high in the stablecoin sector, which also explains why a large influx of funds was attracted in a short period.