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At this point, I really don't understand why there are still people fixated on the interest of USDT.

When $USD1 came out, I transferred most of my spare money over. Yesterday I saw the annualized rate shoot up so high, to be honest, it felt pretty good because the mechanism of this thing easily leads to such pulsing market conditions.

When someone borrows heavily, the interest rate soars. When it soars, I eat a bit more. Although it has dropped a bit today, it is still higher than almost all stablecoins on the market.

Personally, I don't like to get into those overly mysterious things, like future ecosystems or grand narratives. I only look at two things: whether the pool is safe and whether the interest is real. So far, #USD1 has passed both checks.

So my advice is to put a portion of spare money in to earn interest and just check it every few days. It's definitely better than leaving it there to collect dust.

In a bear market, minimizing losses is profit, and it’s even better if you can earn a bit more.

#WLFI

🦅 #WLFI and @Aster DEX this cooperation, the most worth seeing is one point:

In the future, all TradFi perpetual contracts on Aster will settle using only #USD1 . USDT will not participate.

It's not support, it's exclusivity.

The first batch of the market has already come out: gold, silver, and crude oil, all priced in USD1. More will be added later.

Regarding the fees: taker 1 basis point, maker negative 0.5 basis points, placing orders can actually earn some back.

And the current position of USD1 is very clear, it's the underlying currency for RWA on Aster, and both sides are also looking at the integration at the token level, so there is a high probability that more will come out later.

The competition for stablecoins is no longer about who issues first or who has more chains. The key is who can first become the dollar for on-chain real assets.

#Aster and $WLFI this time are relying on settlement exclusivity + real market + low fees to pin USD1 down.

So there is a high probability that there will be further participant plans and actions at the token level, so we can keep watching.

Recently, the market really doesn't have much to look at; it's sluggish, and I'm too lazy to move.

But precisely because of this, it's easy to see who is working hard.

#USD1 Recently, the operations at a certain tea place are worth discussing.

They directly put USD1 into Launchpool, wealth management, and contract margin. These three places are basically where trading users spend most of their time. Being able to enter all at once shows that the platform is taking it seriously.

Moreover, USD1 itself has a solid foundation; it's a 1:1 pegged dollar issued by Bitgo, with reserves in short-term U.S. Treasury bonds and cash. WLFI is behind it, doing branding and operations. This kind of configuration is quite strong among stablecoins.

You can tell just by looking at its current Launchpool data; staking USD1 gets $WLFI in airdrops, and the annualized return is in the twenties, with interest paid every hour. The data looks okay to me, and the number of participants isn't too many; there are a few days left in the event.

To be honest, in this market, having something stable to let sit and earn interest without having to watch the charts anxiously every day is quite reassuring.

Moreover, the wealth management activities are coming in waves, obviously trying to get people to gradually develop the habit of using USD1. Once it becomes second nature, it will be hard to switch to something else.

On a larger scale, they are also expanding in payment and AI sectors. My feeling is that they are genuinely building out scenarios step by step.

Those who keep working hard even when the market is bad are truly worth our attention.

#WLFI

Just saw the news from WLFI on April 1st #USD1 set up a vault on Morpho, Monad chain, the first one.

The announcement mentioned a net annualized rate of about 13%, but when I checked it today, it was 8.19%.

It hasn't dropped. The new pool just opened with less capital, so the returns seem high; as more people gradually come in, the returns will naturally level out to normal. Old DeFi players understand this; it's called returning to normal, not unexpected.

Back to the point, this vault itself is a solid positive signal.

USD1 has finally established a legitimate vault on mainstream lending protocols like Morpho. The mechanism is simple: you deposit USD1, the protocol lends it out, others use assets as collateral, and the interest goes to you. Behind it, SteakhouseFi is making strategies, and Reservoir is issuing rUSD as a base, with a clean structure.

Now at 8.19%, what level is that?

It's about two or three points higher than Binance's wealth management. If you don't mind the hassle, you can cross over to #Monad and deposit it; you can indeed earn a bit more. The operation is not troublesome; just go to the WLFI official bridge to cross-chain, and then just enter the vault.

If you find on-chain operations cumbersome, continuing to hold on Binance is also completely fine; the difference isn't much.

My view:

Actually, the most interesting point about this vault is not the specific interest rate number but who it is built upon: Morpho, Monad, SteakhouseFi; putting these together at least shows that they are not just casually setting up a pool to fool around, but genuinely want to expand the scene.

As for whether to move or not, it's up to your habits. If you want to tinker, give it a try; if you're too lazy to move, just leave it.

Anyway, #USD1 itself is stable, and that's enough.

The market has been quite cold recently, and I haven't been active much, but when looking at the data, I've noticed that Solana's #USD1 has seen significant growth over the past two months.

Two months ago it was $160 million, and now it's $855 million. It has increased more than five times.

Moreover, the daily trading volume has stabilized at around $200-300 million, indicating that this money isn't just sitting idle in accounts; it's genuinely circulating within the ecosystem. The issue with stablecoins is that the worst-case scenario is having an inflated issuance without actual usage, but the trading volume of USD1 at least proves that it's alive.

I think one thing they did right is deeply integrating with existing projects on Solana like Raydium, Kamino, and BonkFun. Once stablecoins enter lending, trading, and liquidity pool scenarios, their role changes; they become essential infrastructure that everyone in the ecosystem needs.

In the current market, most people are actually hesitant to act recklessly. Retail investors are afraid to chase, altcoins are too risky to hold, and contracts are even more daunting to touch. What everyone truly needs is a reliable place to keep their money, ensuring it doesn't mysteriously shrink. In my view, the recent increase in USD1 isn't driven by speculation; rather, it’s capital seeking a safe place to stay.

I myself have kept some as well, combining it with some wealth management, without needing to watch the market daily. The returns aren't high but are stable. In a bear market, not losing is gaining; being able to sleep soundly is better than anything else.

$WLFI #WLFI

I just finished reading Citrini's report, and I have some thoughts I want to discuss regarding the Stable

Because everyone should have a sense of this direction with Agent; AI has evolved from chatting to being able to work independently. It can help you place orders, compare prices, and handle tasks without needing a person to constantly monitor.

But to be honest, I had not considered that there would be such a significant issue with payments.

The current payment logic is still designed according to human habits. For example, when you transfer using USDC, you have to pay Gas with ETH. For people, it’s not a big deal; if it gets stuck, just add a bit more. But Agent is different; if it runs out of ETH halfway through execution, the program just stops, and that's not just a hassle; it’s fundamentally unmanageable.

💊 The report places Stable at the core of Agent's payment infrastructure

On the chain with #stable , it’s equivalent to using USDT simultaneously for both transfers and Gas, one coin from start to finish. This way, Agent doesn’t have to worry about whether there is enough Gas; the cost is stable, and it can just be calculated in dollars.

What Stable does is precisely what the Agentic economy truly needs.

The most talked-about event recently in the circle is the official launch of Chain Genesis, followed by World Liberty Fi jumping directly to #Aster to start making moves.

I looked through the messages they sent, and this time it feels different. It’s not the usual routine; it’s more like playing a game of chess, with spot trading, contracts, incentives, and collateral all intertwined. Moreover, USD1's integration this time with Aster essentially revolves around three key points:

🔸 Trade to earn $WLFI rewards:

Now, trading perpetual contracts like BTC/USD1, ETH/USD1, and SOL/USD1, there are 2.5 million $WLFI tokens available each month for distribution. I took a special look, and the rewards are distributed weekly, so you don’t have to wait several months like with some projects to see any action. It is said that there will be more than a dozen trading pairs added later, so those interested can keep an eye on it.

🔸 Holding also brings profits:

If you don’t want to deal with contracts and just hold USD1 on Aster, you can still join their incentive program, earning rewards daily based on your holding proportion. I think this is quite clever, turning stablecoins into something that can earn interest, which is indeed attractive for those who don’t want to operate frequently and just want to hold without devaluation.

🔸 The fees are indeed low to a harsh degree:

The Taker fee for the USD1 trading pair is only 0.5 bps, while the Maker fee is directly 0, and the Taker fee for USDT pairs is 4 bps. You can calculate the difference yourself. More importantly, USD1 can now be used as margin, with permissions on par with USDT, indicating that the platform is genuinely pushing it seriously.

In summary, this time the appearance of #USD1 on Aster feels more like the beginning of a deeply integrated ecosystem. It attempts to establish USD1 as the gold standard asset on the Aster chain through a combination of low thresholds (low fees), high returns (WLFI incentives), and multifunctionality (collateralizable, interest-earning).

If you have USD1 on hand or are preparing to enter the market, now is a good observation window. After all, early participation often comes with higher potential returns.

Of course, as always, the above is just my personal analysis and interpretation, not investment advice. Make sure to do your homework #DYOR before entering and understand the risks.

Recently, I watched a round of discussions about AI Agents and stablecoins, and indeed, the main character in payments has changed.

Imagine, if in the future, buying things and ordering services are all handled by AI, then the way we pay will certainly have to change.

Before, it was operated by people: opening a webpage, selecting items, clicking on payment, entering passwords. But with the Agentic commerce model, the scene has changed: AI helps you find services, automatically compares prices, and then directly makes the payment.

With this change, problems have arisen. Many machine services are charged on a per-use basis, a few cents for calling an API, a few cents for running computational power. These small transactions using traditional payment methods may incur fees higher than the actual consumption, which doesn't make sense.

At this point, looking at stablecoins aligns perfectly: they are quick to arrive, available 7x24 hours, and can support payments of a few cents, making them tailor-made for machine transactions. However, saying that stablecoins will replace credit cards is not very realistic. The foundation built by credit cards over the years, including refunds, risk control, and consumer protection, is extremely effective in e-commerce and daily consumption.

The places where stablecoins can really take off should be in the machine economy: those increasingly numerous API services, AI tools, and automated software, simply put:

➤ Traditional payments solve transactions between people and merchants,
➤ Stablecoins fill the gap for transactions between machines.

If AI Agents truly participate in commercial activities on a large scale, then stablecoins are very likely to gradually become the settlement tool at the core of this system.

🦅 Recently, USD1 has been discussed a lot, but I think many people are actually missing the point.

What USD1 is really doing is redoing the payment and transfer process. It's not for traders; it's for people who really need to use money in their daily lives. The reality is well understood: cross-border transfers are slow, fees are high, and in places where local currency is unstable, money simply cannot be kept. For many people, using stablecoins is not a choice, but a necessity.

The idea behind #USD1 is that transfers must be fast, costs must be low, and cross-border transactions should be the default. On the BNB Chain, there are no fees directly, which is crucial. You're just transferring money; you shouldn't be charged repeatedly.

So you'll see more and more real scenarios starting to use stablecoins for settlement. This is not just a concept; it's about efficiency. Paying suppliers, settling accounts, doing cross-border business—if the money can arrive the same day, no one wants to wait for the bank.

This also explains why USD1 has grown so fast recently. In just 4 days, the volume surged to 5 billion USD, clearly not driven by emotions.

🔥 Moreover, the USD1 points activity for #Binance is essentially amplifying real usage rather than just a pump:

➤ One part is basic tasks that everyone can participate in: in the designated USD1 trading pairs, trading equivalent to 500 USD gives you a chance to receive WLFI rewards, with a total prize pool of 3 million $WLFI , limited spots available, it's the kind of early participation that brings early benefits.

➤ The other part is a leaderboard prepared for active trading users: if the trading volume exceeds 1000 USD, you will enter the points ranking, dividing the remaining 9 million WLFI according to your rank; doing more and ranking higher naturally yields greater rewards, with a maximum of 12000 $WLFI .

📅 The entire activity runs from January 29 to February 27, which is essentially encouraging real trading and liquidity.

In my own view, the real opportunity for stablecoins is not in exchanges, but in the most unassuming areas such as payments, remittances, and daily transfers. Those who can successfully navigate these scenarios will truly retain users.

#WLFI

Irys: Turning data from static storage into executable assets

I recently revisited the materials on @irys several times, and the more I look, the more I feel that its focus is not on long-term storage, but on making data come alive.

In the past, when we talked about data on the blockchain, it was more of an archival mindset, and just putting files on Arweave or IPFS was the end of it. But Irys's logic is completely different; it allows data not only to be stored but also to be executed, called upon, and even directly participate in logic.

In other words, data has transformed from static resources into programmable assets. This means that AI agents can directly read and write data, smart contracts can automatically execute copyright logic, and games and social applications can run states and rules on the same chain simultaneously.

In terms of performance and cost, Irys seems to be rewriting the rules. Permanent storage is over a dozen times cheaper than Arweave and several orders of magnitude lower than Ethereum; the testnet can even achieve 100,000 TPS. This turns the concept of data as an asset from an ideal into a reality.

What I value more is its architectural thinking, which connects the data layer with the execution layer. There is no need for additional oracles, no need to change languages; developers can directly build complex logic in the EVM environment using Solidity. This smooth experience almost brings Web3 back to pure creativity. #KAITO

In my opinion, #Irys no longer belongs to the pure storage track; it is more like the data engine for the next generation of AI and autonomous applications. As more and more projects rely on high-quality, executable on-chain data in the future, Irys is likely to be that quiet yet crucial underlying gear.

For a long time, #UXLINK has attracted quite a few people's attention. I checked the latest progress released by the official @UXLINK Official and thought it was worth mentioning.

Recently, the market has been quite volatile, and there are also many external technical issues. However, looking at it, the social infrastructure of UXLINK is still quite stable. Whether it is the Social Growth Layer, RWS protocol, user relationship network, or asset security, all remain unaffected.

On the contrary, the number of users is still increasing, and it has surprisingly reached 54 million. I think this growth is quite exaggerated, indicating that its social model is indeed working.

To be honest, the logic behind UXLINK is quite valid. It is not the traditional project that makes money through social connections; rather, it treats social relationships as a distribution channel. It uses trust to drive the growth of Web3 applications. Unlike Facebook and WeChat in the Web2 era, which connect people, UXLINK connects projects and real users through trust relationships, which is quite innovative.

I personally think this model is really smart and aligns well with the current rhythm of Web3. After all, there are too many new projects now, and most lack ways to bring real users in. UXLINK uses social trust for distribution, which essentially puts people back at the center of Web3.

Additionally, they mentioned that there will be airdrops and buyback plans in the future, allowing community users to participate in the growth and profit distribution of the project together. I think this design is a plus, much more reliable than many projects that just shout concepts.

Overall, what UXLINK aims to create is a foundational facility that is safe, trustworthy, and can drive the growth of the entire ecosystem. The direction is quite stable, and I am looking forward to its upcoming actions.

#社交基础设施 #RWA #Stablecoin