Today, $B has gone live on Binance Alpha as I expected, and it seems some people are happily selling their new tokens, thinking it's the end. However, from my perspective, the story is far from over.
First, let's look at a few questions:
1. Will $USD1 further grow or even be established?
As early as the beginning of April, Binance's previous stablecoin strategy encountered a Waterloo, mainly due to the unpayable $FDUSD.
With the development of the industry, stablecoins are becoming increasingly sought after. The preliminary passage of the US stablecoin bill the day before yesterday has focused global attention on crypto. Therefore, nurturing a promising stablecoin prince has become a necessary move in Binance's strategic layout.
By May, with the rumors of Trump launching the Truth coin, I suddenly realized that Binance actually has a stake, it's just that it hasn't been activated before, and that is USD1.
Almost all of USD1 is on BNBCHAINZH, is WLFI foolish? Their choice, being more astute than monkeys, must be due to some agreement reached with Binance, it's just that we don't know the details.
So the logical deduction is becoming clearer, this is also what I call a hidden agenda:
It is very likely that the stablecoin Binance will support in the future is $USD1!
With BUILDon, which focuses on the USD1 application concept, rising abruptly and going live on Alpha, my guesses are being validated step by step. Now I'm daring to make a new speculation:
$USD1 should not be far from being listed on the main Binance site, and $FDUSD's exit from the historical stage should also be near.
2. Can $B continue to climb the Binance ladder?
Yes, I think it's very likely.
$B is an AI concept, but from the recent tweets, it is clear that the project team is currently focusing on the USD1 concept, with the goal of becoming the leader in USD1.
Setting aside who the leader is, just talking about the value of the USD1 concept, I think it is worth at least 100M and the treatment of a Binance contract. And right now, $B is the first to start and occupies an absolute advantage.
From the perspective of the entire network's USD1 use case, the trading volume of $B has already accounted for 95%! In other words, the Trump family's stablecoin currently derives 95% of its applications from this coin.
If I were little Trump, to be honest, I would be willing to meet and encourage such a sensible and capable team.
So I personally suggest that the BUILDon team quickly contact WLFI and plan a trip to the United States, establishing a closer relationship between WLFI and $B, and even getting WLFI's address to buy some coins, haha, that would be explosive.
So the $B I bought in the secondary market is just like my $Skyai, I haven't sold a single piece.
Summary:
As long as USD1 is, as I expect, Binance's hidden agenda, there will inevitably be a wave of momentum coming in the future. If USD1 can gain Binance's strong support, it might even resemble the $BUSD of the past, then the Trump family will truly be tied to the same chariot as Binance.
Since a monopoly can be dazzled and attacked (BUSD), it is only natural to find strong partners to share the meat and drink together.
Can this hidden agenda turn $B into a big golden dog and create more profitable opportunities in the future?