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USD1 Stablecoin Launches on DWF Liquid Markets—Another Pegged Token Joins the Fray
USD1 Stablecoin Launches on DWF Liquid Markets—Another Pegged Token Joins the Fray
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DWF Liquid Markets just added fuel to the stablecoin arms race—USD1 goes live, promising 'price stability' in a market that still can't decide if algorithmic or collateralized is riskier.
Another day, another dollar-pegged token. Traders get a fresh 'safe haven' asset (until the next depeg drama), while institutions nod approvingly at the liquidity play—because nothing says 'adoption' like replicating fiat with extra steps.
Will USD1 hold its peg? Probably. Will it matter? Ask the ghost of TerraUSD.
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