Original PANews: https://mp.weixin.qq.com/s/qBmUrCVfsXTerb_HHYVPHA
Cathy姐玩链游
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The report issued by PA News should not have considered too much the compliance operation of USDC, nor the potential benefits of the various policies under the US stablecoin legislation. It also did not take into account the business constraints that USDT would encounter when taking an offshore route to escape compliance requirements from various governments. The expectation for growth in becoming a haven for gray and black markets is not that high.
Moreover, USD1, which Trump personally engaged in business development for, will eat into the market share of these two.
Today, the market share of various US dollar stablecoins shows that USDT holds 63% and USDC holds 25.1%.
The third, USDS, I have never used even once.
The fourth, BUSD, is Binance's stablecoin. I exchanged it when mining on Binance Launchpool, but I used it very little.
Currently, Binance is fully supporting USD1 both openly and secretly. Even the shares acquired by the UAE royal sovereign fund in the first half of this year were settled using 2 billion USD1, not their own BUSD.
USD1's market share is 0.86%, which is down from 0.88% last week. Why is that?
WLFI's heavily fomo-ing holders, hurry up and exchange some USD1 to invest in USD1's ecological projects! Just shouting without action won't raise WLFI's coin price. You can see that USD1's market share has dropped!
There are still four and a half years until 2030; let's see the data by then.
#USD1 #稳定币 #WLFI #WorldLibertyFinancial
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