According to ChainCatcher, Binance founder CZ posted on social media, "Someone told me that since I shared the post about 'WLFI possibly issuing a stablecoin USD1 on BNB Chain', many scammers have created tokens with the same name. The USD1 token officially issued by WLFI is not yet tradable. Please do not be deceived."
The official statement indicates that the WLFI project has issued a stablecoin USD1 on Ethereum and BNB Chain, and is conducting multiple functional tests, but USD1 is currently not tradable.