🦅 #WLFI and @Aster DEX this cooperation, the most worth seeing is one point:
In the future, all TradFi perpetual contracts on Aster will settle using only #USD1 . USDT will not participate.
It's not support, it's exclusivity.
The first batch of the market has already come out: gold, silver, and crude oil, all priced in USD1. More will be added later.
Regarding the fees: taker 1 basis point, maker negative 0.5 basis points, placing orders can actually earn some back.
And the current position of USD1 is very clear, it's the underlying currency for RWA on Aster, and both sides are also looking at the integration at the token level, so there is a high probability that more will come out later.
The competition for stablecoins is no longer about who issues first or who has more chains. The key is who can first become the dollar for on-chain real assets.
#Aster and $WLFI this time are relying on settlement exclusivity + real market + low fees to pin USD1 down.
So there is a high probability that there will be further participant plans and actions at the token level, so we can keep watching.
In the future, all TradFi perpetual contracts on Aster will settle using only #USD1 . USDT will not participate.
It's not support, it's exclusivity.
The first batch of the market has already come out: gold, silver, and crude oil, all priced in USD1. More will be added later.
Regarding the fees: taker 1 basis point, maker negative 0.5 basis points, placing orders can actually earn some back.
And the current position of USD1 is very clear, it's the underlying currency for RWA on Aster, and both sides are also looking at the integration at the token level, so there is a high probability that more will come out later.
The competition for stablecoins is no longer about who issues first or who has more chains. The key is who can first become the dollar for on-chain real assets.
#Aster and $WLFI this time are relying on settlement exclusivity + real market + low fees to pin USD1 down.
So there is a high probability that there will be further participant plans and actions at the token level, so we can keep watching.