After 2 hours from 0.9934 at 5pm, USD1 finally resumed its pegging status to USD at 7pm.

Oh my, USD1 briefly decoupled just now, reportedly because a new token issuance ended at the gate, and users sold off their USD1 airdrop.

The price of the US dollar stablecoin decoupling from the US dollar is catastrophic, it's a self-destructive rhythm.

Referencing the FDUSD decoupling in April this year, it was then pushed into obscurity by Binance.

The technology and operations of the Trump family company WLFI are still not very mature, likely because @justinsuntron is busy ringing the bell at Nasdaq and couldn't manage it, leading to people taking advantage of the situation.

#USD1
#WorldLibertyFinancial
#WLFI