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This week has been noisy for the @worldlibertyfi governance token with all the recent drama circulating.
But zooming out, WLFI and USD1 serve distinct roles: the token handles governance and its volatility, while the stablecoin stays insulated.
On the USD1 side, activity remains steady, $25M minted, $3M burned, netting +$22M in circulation, fully backed by collateral. The peg holds firm at $0.999.
Key updates includes: Aster perps, BitGo custody, Morpho vault, MoonPay zero-fee onramp, and Zebec payroll for 65K+ workers.
USD1 continues delivering steady utility while the token takes all the heat. 🦅