On May 17, according to official news, the BNB Chain ecosystem MEME project BUILDon (abbreviated as B) announced a joint USD1 trading competition with the Fourmeme platform, with a prize pool of up to $200,000. The trading competition will officially start at 20:00 UTC on May 17, aiming to further promote the practical application of USD1 stablecoin in on-chain scenarios.
As a MEME project with the core concept of "building BNB Chain", BUILDon was the first to actively respond to the call of building a decentralized stable asset USD1 on BNB Chain, becoming the first on-chain project to fully support and access the USD1 stablecoin. Decentralized stable assets are the key foundation for the future development of Web3, and the in-depth cooperation between B/USD1 is a manifestation of this strategic direction.
According to CoinMarketCap data, the trading volume of the B/USD1 trading pair has reached $16.52 million within 24 hours, accounting for 32% of USD1's total chain trading volume.
