These days, I open Binance every day to check the USD1 in my watchlist, to see what the price is and if I can buy more at a lower price.
Haha, sometimes I get caught up in these little details.
Just like eating, it's fine if the meals are a bit expensive, but I absolutely cannot spend money on tissues; if I do, I just can't live well😂.
USD1 is the core product stablecoin of the Trump family WLFI, which is why I pay attention to it.
Without this background, I wouldn't be very interested.
I've been waiting for its exchange rate to drop a bit more, down to 1 dollar, but it just won't drop, remaining stable at this exchange rate.
Currently, I have put USD1 in a Binance contract, allowing me to enjoy financial returns while also sharing in the 40 million USD of WLFI tokens.
If it doesn't drop in the next few days, I won't wait any longer and will directly exchange it.
As a stablecoin, the most important thing is reserve transparency; USD1 is 100% backed by fiat currency, with each USD1 backed by 1 dollar in assets.
Currently, there may be some fluctuations in price, but the financial returns can cover these losses. It is still in the early promotion stage, and I think it's still profitable.
Those with stablecoins can pay attention to it.
