WLFI will use its reserve funds to promote the USD1 stablecoin and memecoin.

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WLFI recently issued an official announcement stating that it will use a portion of its strategic reserve fund to promote the development of the USD1 ecosystem, while also boosting the meme coin trend and liquidation surrounding this stablecoin. This move comes amidst continuous growth in USD1's market Capital , rapid expansion of volume on exchanges, and an increasing number of meme projects choosing USD1 as the underlying asset for their liquidation pools.

According to WLFI, the preference for USD1 among meme projects not only reflects the community's belief in the stability and scalability of this currency, but also shows a clear shift in how projects build sustainable liquidation . Instead of relying entirely on traditional stablecoins, many new projects are seeking more flexible options, closely tied to a rapidly growing ecosystem, and USD1 is emerging as a suitable destination.

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To capitalize on this growth momentum, WLFI affirms that it will allocate a portion of its strategic reserves to directly support developers, content creators, and Token projects that are building or expanding within the USD1 ecosystem. This support goes beyond just financial assistance; it also includes promotion, community engagement, and leveraging WLFI's existing media channels to help promising projects reach users more quickly.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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