There's a new trend in the market about USD1, which I find interesting
Fourmeme's trading competition for the $B project seems to be throwing 200,000 dollars at the surface, but a closer look reveals that they are in the next big game of chess - building an ecosystem around $USD 1
Think about it, what is missing from $USD 1 right now? There is a lack of application scenarios. If B can really make achievements in this area, wouldn't it be equivalent to building a bridge for $USD 1? You should know that there are no projects in this area yet
And from a strategic point of view, if B can really help $USD 1 become bigger, to some extent, it can be regarded as helping Binance find a new way out in the stablecoin field. After all$FDUSD it seems that it really lacks stamina now
Just turned over the latest data, $B has a 24-hour trading volume of $43 million on the BNB Chain, accounting for more than half of the total $USD 1. This growth rate, I have to say that there is indeed something behind it
Although it is too early to make a conclusion, judging by all indications, this direction deserves attention. I've opened a small position and I'm ready to see how this game goes
To be honest, if $B can really gain a foothold in the $USD 1 ecosystem, then the next development space is very exciting. After all, in the current market environment, it is not easy to find a differentiated positioning.
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