Binance has just announced the addition of USD1 to earning coins, purchasing cryptocurrency, converting, and margin trading.
Although I was a bit disappointed at first that humafinance's Pool did not directly adopt USD1, I later thought it made sense; it was too rushed. But this new announcement is powerful, and USD1 is about to take off.
Let me take a screenshot to keep as a record. When Binance, this giant, starts to fully support the launch of USD1, how long will it take for its issuance to rise?
Currently, all application scenarios for FDUSD are in Binance CEX. When one day they are all removed, similar to how they treated Sun's $TUSD, most of FDUSD's share of 1.26B will be transferred to USD1.
With more pools and reserves on Bnbchain, I believe that if development goes normally, the target is likely to reach the third position within a year, after all, the gap with USDT and USDC is not that large compared to others.
