It's the flywheel effect: the larger the issuance of $USD1, the more active the trading volume, which means the valuation of $WLFI can be higher. Today at noon, $USD1 just minted 100 million dollars worth of stablecoins on the $SOL chain, and the flywheel is starting to turn!

WLFI will be unlocked in September, and after reading @0xDylan_'s tweet, I roughly sorted out the relationship between USD1, WLFI and ALTS
First of all, USD1 is the engine, providing a steady stream of cash flow through the interest on treasury bonds; $WLFI is the core, not a "pure governance" token, but a token backed by endogenous cash flow, which has predictable cash flow (fees, ecological profit sharing, etc.) from the USD1 ecosystem, and achieves value accumulation through a buyback and burn mechanism. ALTS (which can be simply understood as the "ETF" of the WLFI ecosystem) are amplifiers that attract funds from the traditional world and provide investment channels for funds that cannot directly purchase WLFI
It's like three gears snapping together: the faster USD1 turns, the more significant the value increase of WLFI and the stronger the investment attractiveness of ALTS; The rise in ALTS stock price will attract more attention, and many mainstream exchanges have recently launched USD1 points program activities, and more applications have joined the USD1 ecosystem, which can promote the adoption of USD1 stablecoins and form a positive cycle
For the upcoming WLFI unlock event on September 1, if the market reacts well, it will further verify the value logic of this set of "USD1 cash flow →WLFI deflation→ ALTS premium"
In addition, you can participate in USD1 points~ including USD1 deployed on solana, there will be new big moves, you can continue to pay attention to it~#ad
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