The stablecoin sector has recently seen new developments. USD1, a US dollar stablecoin launched by WLFI, is rapidly gaining market share by introducing resource partners and aggressively expanding its ecosystem.

In recent months, actions have been quite frequent—treasury funds continuously incentivize adoption, and a major exchange has partnered to launch a financial product with an annualized yield of 20%, attracting many users to participate. As a result of these efforts, the issuance volume of USD1 has recently surpassed the 30 million mark, making it one of the fastest-growing stablecoins in the market and standing out in terms of growth rate.

While most stablecoin products are becoming more stable, USD1's rapid expansion is mainly driven by its differentiated incentive mechanisms and deep cooperation with exchanges. The impact of this approach on the overall stablecoin market landscape remains to be seen and warrants further observation.