A trader shared their experience with yield-generating stablecoin programs, noting that a USD1 airdrop campaign offering around 7-8% annual returns has become one of their few consistent income sources during the recent market downturn. The program, which was set to expire on the 20th, has been renewed once already. Data shows USD1 supply grew from $3.1B in January to $4.6B currently, with approximately $4B USD1 held on a major exchange, representing about 87% of the circulating supply. The concentration of holdings on the exchange underscores the popularity of yield programs among stablecoin holders seeking steady returns in a sluggish market environment.
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