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USD1 extended again🍺
From a timing perspective, it's being extended directly to April 17th, roughly another full month.
Many people might think it's just a regular savings activity, but if you connect these rounds together, the pattern is actually quite clear.
To be straightforward, it's not simply asking you to "hold," but rather trying to make USD1 a truly usable asset. These types of activities don't look unreasonable rate-wise right now—roughly in the 4%-6% range—but under current market conditions, that's actually pretty clean returns.
What USD1 is doing as a whole package essentially comes down to two things: on one hand, using subsidies to build up the "holding" mechanism, and on the other hand, gradually connecting "use cases."
When more people start using it down the line, that's when it gains real liquidity and value. So you can understand this extension as: short-term financial returns, medium-term scenario building, and long-term betting on a new payment pathway🚀