USD1 = BNB ecosystem's "cash flow operating system", Lista DAO TVL has surpassed 100M! (2)
BNB hits a new high, and the "bloodline of funds" in the ecosystem needs to be redefined. #BNB创新高 #USD1
If USDT/USDC are the "dollars" of the crypto world, then USD1 on the BNB chain is more like a "central bank settlement system".
It is not a simple stablecoin, but a fund dispatcher designed by Lista DAO.
USD1 went from 0 → 100M TVL in less than a year, and the logic behind it is very clear:
1️⃣ Low cost of funds: The borrowing rate for USD1 is almost close to 0%, making arbitrage/circular strategies very low cost.
2️⃣ Wide touchpoints: slisBNB, lisUSD, Vault, external protocols (Pendle, etc.) can all connect, forming a "one coin, multiple uses".
3️⃣ Fund routing rights: Whoever is called first holds the "fund allocation rights" on-chain. USD1 has already obtained this right in the BNB ecosystem.
Analogous to traditional finance:
lisUSD = Credit card limit
USD1 = Bank clearing system
BNB ecosystem = Business network
With USD1, when BNB hits new highs and ecosystem demand surges, funds can move faster and more steadily.
This is why Lista DAO's USD1 layout is not just a stablecoin, but a key piece in reshuffling the BNB ecosystem.
When you are optimistic about BNB hitting new highs, it is equivalent to looking at who can control the ecosystem's "fund operating system", and now this role is being played by USD1.