According to Mars Finance, on December 19th, based on on-chain information, the stablecoin U was launched yesterday, and its circulating supply reached $58.9 million in less than a day. Previously, United Stables announced the official launch of its USD stablecoin U, which is currently deployed on both the BNB Smart Chain (BSC) and Ethereum (ETH) chains and has completed multiple ecosystem integrations. In terms of ecosystem integration, U has integrated support for mainstream DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO, allowing users to directly trade, stake, lend, and provide liquidity on-chain. Regarding wallet support, Binance Wallet, Trust Wallet, and SafePal have all listed U. In addition to the on-chain world, U is also listed on the centralized exchange HTX.
Stablecoin U's circulating supply reached $58.9 million in less than a day after its launch.
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