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One of the top tier lending protocols in the Web3 ecosystem, Venus continues to implement its long-term strategy of expanding Stablecoin market options and ecosystem utility. Amid a major move to strengthen the appeal of protocols to both retail and institutional participants, USD1 has now officially launched at the Venus Core pool of BNB chain.
New Era of Venus Stablecoins: Enter USD1
USD1 is a FIAT-backed stubcoin, supported by players from renowned institutions and issued by World Liberty Financial, a company that partners with Donald J. Trump and his family. With over $2 billion in circular supply and rapid adoption across large centralized exchanges, USD1 has emerged as one of the fastest growing stub coins in the industry. The 1:1 PEG To USD is backed by low-risk real-world assets (RWAs), including FIAT equivalents and short-term Treasury, making it a compelling option for users looking for security, transparency and liquidity.
Currently, through the strategic partnership between Venus Protocol and World Liberty Financial, USD1 has been added to Venus Core Pool, creating an entirely new lending market with strong support, institutional appeal and high growth potential.
Venus USD1: Early adoption incentives and potential for high yields
As part of Venus Governance’s advanced approach, Venus Improvement Proposal 493 (VIP-493) was passed by the XVS Token Community and greenlighted the USD1 market in the BNB chain. This launch is complemented by a targeted liquidity incentive program. The $10,000 worth of XVS will be distributed to USD1 suppliers in the first 30 days, starting liquidity growth and rewarding early adopters.
This means that early USD1 suppliers will not only benefit from participating in the growing market, but will also earn additional XVS rewards and create one of the most attractive risk-averse opportunities in today’s ecosystems. The market currently operates in supply-only mode, allowing users to accumulate rewards and support the growth of promising Stablecoin, while ensuring minimal risk.
Why does USD1 and Venus match perfectly?
High Quality Collateral: USD1 support by FIAT and RWAS adds real world value to Venus
Users interested in joining Venus’ new USD1 market can easily obtain USD1 on the BNB chain. USD1 can be traded on HTX.com (formerly Huobi) in USD1/USDT pairs, offering centralized exchange options. For Defi users, USD1 can also be replaced directly with PancakesWap, the main distributed exchange of BNB chains, providing quick and seamless access to Stablecoin. These options allow users to easily start offering USD1 on Venus.
About Venus
Venus is the leading Defi protocol for Crypto’s lending and borrowing, exceeding $2.3 billion on TVL. It works on multiple blockchains, including BNB Chain, Ethereum, Opbnb, Arbitrum One, Zksync, Optimism, Base, Unichain, and more. The platform offers user-friendly and extensive features for a wide range of lending markets and seamless interactions, with over 70 markets available, making it one of the most comprehensive lending platforms.
Venus stands out for its strong security standards that have been audited multiple times by Certik, Peckshield and other trusted companies. With a security score above 91 from Certik, Venus is ranked one of the top 10 lending and borrowing projects, ensuring the safety and reliability of its ecosystem.
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