DWF Labs or the WLFI team has sent 400 million USD1 to Binance in the past 2 days. The wallet address still holds 1.6 billion USD1.

The purpose may be to increase liquidity for the USD1/USDT pair as currently there are no altcoins on Binance trading with the USD1 pair at all.

On Binance Wallet, only the memecoin BUILDon (B) has been launched with the base trading pair USD1.