#WLFI this time laid it all out:
"One stablecoin. Quote currency, margin, and collateral."
Translated, this means that the
#USD1 stablecoin on Binance covers all three roles of pricing, margin, and collateral.
Honestly, that's a pretty bold move.
You'll notice that @worldlibertyfi has been paving the way for
$USD1 for the past six months. First, they applied for a U.S. trust bank license, then secured a $500 million investment from the UAE, and in between, they launched governance staking. The whole rhythm has been pretty consistent.
And Binance responded quickly.
First, they launched the first USD1 priced perpetual contract BTC/USD1, and they even offered a 99.99% collateral rate. Simply put, if you deposit $100 USD1 in your account, you can essentially use it as if it were $100.
What's even more crucial is the 1.2x
$WLFI reward.
What does this mean?
For contract traders, the efficiency of margin just skyrocketed. Positions can be opened more comfortably, and capital utilization is higher, making this attraction quite direct.
So now, USD1 is no longer just a "stablecoin". It’s evolving into a core liquidity asset in the trading system.
After it goes live on the 18th, you won't need to listen to too many stories. The real trading depth, usage, and position changes of BTC/USD1 will directly reveal the market's answer.
Would you be willing to use this high conversion rate stablecoin as margin?