Eric Trump revealed that the market cap of USD1 stablecoin has reached 4.54 billion USD, surpassing PayPal’s PYUSD. This marks a significant evolution in the stablecoin market, indicating strong interest in USD1.
The adoption of USD1 is reflected in Binance’s announcement of a 40 million USD airdrop for holders, further demonstrating growing institutional interest in stablecoins and USD1’s influence on the cryptocurrency landscape.
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