During this period, the promotion rhythm of USD1 is quite obvious.
Like the 20% annual financial subsidy from some time ago, now there is again the reward of holding USD1 to share
$WLFI rewards and USD1 trading rewards, and the activities have not stopped.
This continuity of promotion clearly aims to increase the holding amount and usage frequency of USD1.
After the heat rises, the volume changes quickly as well.
Under these actions, the market value of USD1 has already surpassed PayPal's PYUSD.
This result is not surprising; it is more like a gradual formation under continuous promotion and usage guidance.
As shared by the WLFI boss, WLFI has always had a pragmatic positioning for USD1.
They focus on cross-border transfers, which are long-term inefficient but can only be passively accepted.
In the existing system, slow and expensive cross-border bank transfers are almost the norm; waiting for a few days and being charged dozens of dollars, very few people will question why.
USD1 provides a very direct solution, which is to try to bypass these intermediaries and create a channel that settles faster and costs less.
From this perspective, USD1 is more like building infrastructure rather than a standalone product.
Instant settlement, around-the-clock availability, and not relying on the banking system—these concepts are not new, but few can be implemented effectively.
WLFI's promotion of USD1 also seems more like testing whether it can meet real needs.
Just like the recent cooperation related to Pakistan, essentially testing:
Can this stablecoin be used for daily payments and remittances, rather than just staying on exchanges?
In the end, it still comes down to whether anyone can really use it.
How far USD1 or stablecoins can go, apart from the short-term heat, is really about one thing: when there is a need to transfer money, is it a more hassle-free, cheaper, and more convenient choice?
If the answer is yes, then its value will definitely be gradually realized.