WLFI’s USD1 Stablecoin Prints $44 Million in Trading Volume Before Official Launch!

Jakarta, Pintu News—Prior to World Liberty Financial’s (WLFI) official announcement regarding the USD1 stablecoin, on-chain data showed significant activity.

After its soft launch on Binance Smart Chain (BSC) and Ethereum (ETH), the USD1 stablecoin recorded a daily trading volume of nearly $44 million.

This activity indicates high market interest even though the exchange has not officially announced it. Check out the full information below!

USD1 Daily Trading Volume Reaches $44 Million

Based on data from Coingecko, the USD1 stablecoin has recorded very high trading activity in the past 24 hours. Daily trading volume reached $44.8 million, indicating a rapid adoption rate despite the lack of an official announcement.

The stablecoin is already available on several decentralized exchanges, such as PancakeSwap V3 on BSC. The USD1/Wrapped BNB (WBNB) trading pair recorded nearly $22 million in volume.

Despite a 43,714% spike in daily transaction activity, the stablecoin’s total supply remains at $7 million. Zach Witkoff, co-founder of WLFI, shared information about the launch of soft USD1 on Ethereum and BNB Chain via social media.

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When will WLFI announce its official listing on the stock exchange?

Weeks after WLFI announced USD1, the stablecoin is still not officially listed on a centralized exchange. This delay has left investors wondering, but the high volume of on-chain transactions suggests that a listing announcement is likely imminent.

Previous predictions of the listing date falling on April 1 did not materialize, so many expected an announcement before the end of April. A crypto analyst who goes by the pseudonym xHuai.eth thinks the listing will probably coincide with the passage of new stablecoin legislation in the US.

With the technical aspects ready for listing on Ethereum and BNB Chain, this signals the possibility of upcoming listings.

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USD1 Competes with Other Industry Players

USD1 is competing with other industry players, such as USD Coin (USDC) and Tether (USDT), for market share. An early launch and quick listing could give USD1 the edge and help it capture some of the market share.

An airdrop proposal for WLFI holders earlier in the week was an attempt to increase the adoption metrics of this stablecoin. High trading activity suggests that there is strong demand for USD1, which could be a positive indicator for its future in the crypto industry.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. WLFIS-USD1 Stablecoin Garners $44 Million in Trading Volume Ahead of Official Launch. Accessed on April 14, 2025
• Featured Image: Protos