PANews reported on April 12 that according to on-chain analyst Yu Jin’s monitoring, DWF Labs has begun to add USD1 liquidity on the chain, which means that the US dollar stablecoin launched by WLFI, a DeFi project supported by the Trump family, can now be circulated and traded on the chain. The DWF Labs address has received 11 million USD1 from WLFI on the ETH and BSC chains in the past 8 days. Today, they began to deploy USD1 liquidity on these two chains:
ETH: USDT/USD1, USDC/USD1, USDf/USD1, and ETH/USD1 liquidity are deployed on Uniswap V3;
BSC: USDT/USD1 and BNB/USD1 liquidity deployed on Pancakeswap V3.