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DWF Labs receives WLFI project USD1 stablecoin test transfer
According to the Gate.io News bot, data monitored by EmberCN shows that the DWFLabs Address received a test transfer of USD1 stablecoin worth 1 USD from WLFI. This move indicates that DWF Labs is preparing to provide market-making services for USD1 and WLFI.
USD1 is a stablecoin launched by the WLFI project, supported by the Trump family. This stablecoin uses U.S. Treasury bonds, dollar deposits, and cash equivalents as reserve assets, and is custodied by BitGo.
Source: Wu Says