Huge milestone for USD1
They just received conditional preliminary approval from the US banking regulator OCC to establish a national trust bank.
This basically means $USD1 can now be issued and managed under U.S. federal regulatory supervision.
WLFI is moving $USD1 toward a more regulated and institution-friendly setup, which could make it easier for larger financial institutions to use and trust it.
Big news!
Something I’ve noticed with $MARSCOIN listing on Binance Alpha yesterday and pulling over 20m volume is just how strong the market sentiment around the bStocks narrative has become.
Flap is in a very unique position here.
It’s currently the leading platform for launching bStocks-powered memes, with features like stock dividends, buyback & burn, programmable vaults, and other advanced token mechanics that let builders experiment with entirely new token models.
On top of that, Flap is backed by YZi Labs, and several projects launched through the platform have already made it to Binance Alpha next stop probably will be Binance spot
With Binance and cz pushing the bStocks ecosystem and growing interest in more innovative meme assets, this narrative will keep getting tractions.
Worth paying attention to imo
You guys have probably heard me say this many times: if you’re like me and have a lot of idle stables sitting on the sidelines, it would be smart to convert them to USD1 and hold them on Binance.
That way, you can earn up to 5.56% APR while also receiving airdrops basically free money every week.