Data: wcgUSD ranks among the top three in terms of trading volume in Pendle's new stablecoin market, with a TVL of over $32.65 million

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According to ChainCatcher, wcgUSD, a stablecoin from Cygnus, ranks third in trading volume in the new stablecoin market on Pendle, following eUSDe and USDS, with a total value locked (TVL) exceeding $32.65 million.

It is reported that wcgUSD is the first wrapped stablecoin natively integrated with Instagram, supporting the growth of stablecoin use cases in the entire Instagram ecosystem by enabling on-chain task rewards, ad revenue sharing, and other functions.

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