The WLFI company of the Trump family really should pay a high price to Circle to recruit a few experts to operate USD1. It’s evident that under the current team, the market share of USD1 is decreasing.
On July 13, the market share was 0.88%, on July 24 it was 0.86%, and today it is 0.85%.
In the afternoon, it detangled for a while, and tomorrow this ratio will decrease further. Even if it recovers after a detangling, it will still undermine the confidence of holders.
If the price of stablecoins is unstable, fluctuating up and down, users will be hesitant to hold USD1.
#USD1 #WLFI
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