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In a significant development for the cryptocurrency sector, WLFI has officially announced a collaboration with BuildOn to initiate a “$10 Million USD Incentive” program aimed at enhancing USD1 liquidity on the BNB Chain. This initiative positions BuildOn as the central hub for the USD1 ecosystem, fostering a robust partnership with WLFI to enable greater market integration.
As a frontrunner in the promotion of USD1, BuildOn has proactively established the B/USD1 liquidity pool and has succeeded in listing USD1 across various prominent centralized exchanges (CEX), including KuCoin, MEXC, and Bitget. This has resulted in BuildOn facilitating more than 80% of the entire trading volume on the chain, a feat that has garnered substantial attention and investment from WLFI.
The collaboration between BuildOn and WLFI encompasses comprehensive strategies to enhance liquidity, increase market visibility, and develop practical applications for USD1. This strategic alliance aims to solidify USD1’s position as a pivotal infrastructure in the realm of cross-chain stablecoins.
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