The gains for
#USD1 keep on coming
I'm increasingly feeling that the market might be underestimating the ambition of USD1 and the determination to establish user habits around it!
Many stablecoins address the issue of 'saving money'.
But what USD1 has been doing lately is tackling the question of 'why funds must use you'.
In the past month, World Liberty Financial and Aster have been making moves:
First, they opened up perpetual swaps, then introduced USD1 margin collateral, and now they've taken it a step further—Aster's RWA perpetual market is now exclusively settled in USD1.
The initial batch already covers traditional commodities like gold, silver, and crude oil.
Many might not realize what this means:
Previously, if you wanted to trade gold or crude oil, your entry point might have been USDT.
But now in the Aster ecosystem, if you want to tap into this on-chain TradFi liquidity, you need to hold USD1 first.
This isn't just a standard partnership; it's a race for 'trading entry points'.
More crucially, the official team has rolled out some aggressive incentives:
• USD1 trading pairs have Maker fees close to 0
• Taker fees are significantly lower than traditional USDT markets
• Plus, the WLFI reward mechanism is now live
From a trader's perspective:
The end game for stablecoins isn't about who has the highest market cap, but who first dominates the high-frequency trading scenarios.
USDT wins on circulation, USDC wins on compliance.
And USD1 is currently taking the route of:
RWA + Perps + DeFi liquidation layer.
If more stocks, commodities, and index products continue to integrate, the potential for USD1 might extend far beyond just 'another stablecoin'.
I'll be keeping a close eye on its subsequent ecosystem expansion pace.
$USDC 1
$WLFI I