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.





