USD1 - a stablecoin with a secret? Who is behind it?
There is a storm brewing in the crypto world again — and this time its center bears the modest name #USD1 . At first glance — another stablecoin. But if you dig a little deeper — questions arise that are not so easy to answer...
💰 What is USD1?
USD1 is a stablecoin designed to maintain a 1:1 peg to the US dollar. It was created to provide stability and quick transfers without losses from volatility. However, unlike the familiar USDT or USDC, its origin is shrouded in a light shadow of mystery.
🔍 Who created USD1?
The creator is believed to be the MilkyWay platform, associated with the multi-chain project LayerZero. These guys have long been known in crypto circles, but #USD1 was their unexpected move — without loud advertising, without long announcements. It just appeared. And immediately — in the listing on the largest decentralized platforms!
🧩 What makes #USD1 special?
Integration with LayerZero gives it high compatibility between networks
It is supported by major DeFi protocols
It is actively involved in arbitrage strategies and farming
💬 Is #USD1 a salvation from instability or another mysterious player in the crypto game?