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Earn interests with idle tokens
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Auto-invest on a regular basis
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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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A leading exchange today launched an attractive promotion—users can invest USD1 within a limit of 50,000 USD to earn an annualized yield of 20% APY. Once announced, the market responded quickly. According to CoinGecko data, the supply of USD1 increased by over 45.6 million tokens within just a few hours, and the total market capitalization surpassed $2.79 billion.
USD1 is a stablecoin product launched by World Liberty Financial. The combination of high yields and exchange traffic seems to effectively stimulate market participation. From the data growth rate, this activity has a considerable appeal for stablecoins. Notably, the 20% APY yield level is relatively high in the stablecoin sector, which also explains why a large influx of funds was attracted in a short period.