BlockBeats news, on May 17, according to official news, the BNB Chain ecological MEME project BUILDon (referred to as B) announced a joint trading competition for USD1 with the Fourmeme platform, with prizes up to $200,000. This trading competition will officially start at 20:00 UTC on May 17, aiming to further promote the practical application of the USD1 stablecoin in on-chain scenarios.
BUILDon, as a MEME project centered on the concept of 'building BNB Chain', actively responds to the call for constructing a decentralized stable asset USD1 on BNB Chain, becoming the first on-chain project to fully support and integrate the USD1 stablecoin. Decentralized stable assets are a key foundation for the future development of Web3, and the deep cooperation of B/USD1 is a reflection of this strategic direction.
According to CoinMarketCap data, the trading volume of the B/USD1 trading pair has reached $16.52 million in the past 24 hours, accounting for 32% of the total USD1 trading volume across the entire chain.