Don't Trust, Verify.

This is the industry guideline that has been engraved in the director's heart since entering the field.

Recently, the USD1 operation has once again made the director question life; the industry continues to progress (or regress):

1. USD1 parachuted into the top 50 of CMC rankings, issuance of $2.1 billion, Bsc issuance of $2.1 billion, with the first holding accounting for 94%, Eth issuance of $15 million, with fewer than 500 users.

2. The website link points to WLFI, but no information about USD1 asset verification can be found; even asking AI yields no relevant information.

3. HTX LIST USD1 (on ethereum)/USDT trading pair.

4. ListaDAO supports staking USD1 to borrow WBNB and BTCB.

In the absence of asset verification, 3 and 4 directly connect stablecoins to liquidity in the crypto space; is this really possible? The moment the director's BTC mentioned BSC turning into BTCB, it felt diluted...

Water friends ridicule OG for not keeping up with the times; BlackRocks will lead the crypto space to victory, and now there are Trumps bringing prosperity. Wagging tails to beg may appear grotesque, but how much can be served from a cold leftover?