KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder

TheNewsCryptoPublished on 2026-02-02Last updated on 2026-02-02

Abstract

KuCoin has announced support for the USD1 stablecoin issued by World Liberty Financial (WLFI). The token will be available on the AB Core Network, with deposits scheduled to begin on February 02, 2026. This move comes as USD1 rises in market capitalization, recently surpassing PayPal’s PYUSD to reach $4.96 billion. Launched in March 2025, USD1 has grown rapidly but still trails major stablecoins like USDT, USDC, USDe, and DAI. The listing follows a successful points program on Binance that distributed 12 million USD1 tokens, signaling broader adoption potential for the stablecoin.

KuCoin, an exchange platform, has announced its support for USD1. The WLFI stablecoin will be available on a network with deposits expected to commence soon. The move comes at a time when USD1 is moving upward on the list of global stablecoins in terms of market cap.

KuCoin Now Supports USD1

KuCoin, through an X post, has confirmed that it is extending support to the WLFI stablecoin, which is USD1. The token will go live on AB Core Network, with deposits scheduled to commence on February 02, 2026, at 10:00 UTC. Users can access the Deposit page to check the stablecoin. They only have to select USD1-AB Core Network to complete the transaction.

WLFI has confirmed the announcement, saying that it marks a step in the expansion of the global adoption of its stablecoin. World Liberty Financial has also hinted that it would soon bring more utilities for the community. Members have reacted positively to this announcement, by calling it epic, and expressing that they were bullish on USD1.

USD1 on the Stablecoin Chart

The list of global stablecoins is still led by Tether’s USDT with a market cap of $185.23 billion. However, USD1 seems to be making its way forward, considering it just surpassed PayPal’s PYUSD. The market cap of WLFI stablecoin is currently $4.96 billion after briefly recording a number of $5 billion on January 28 ,2026.

Interestingly, USD1 has climbed the ladder in less than 12 months, as it was launched only in March 2025. USD1 still has a long way to go because it is still behind USDC, USDe, and DAI, in the same sequence from the second position. They have a market cap of $70.38 billion, $6.55 billion, and $5.36 billion, respectively.

Earlier Success of WLFI Stablecoin

The earlier success of WLFI stablecoin is linked to Binance, after the platform announced rewarding 12 million tokens through a points program. Members only had to participate in the USD1 Points Program, and they had a chance of earning a share from the token voucher pool.

The program commenced on January 29, 2026, and is scheduled to conclude on February 27, 2026, at 8:30. Acceleration on Binance and support from KuCoin represent that there is potential for a broader adoption of USD1, as underlined by World Liberty Financial in the official announcement.

Highlighted Crypto News Today:

Senator Warren Presses for Probe Into Trump-Linked UAE Crypto Deal

Public Version of Mythos Officially Launched: Analyzing the Advantages and Limitations of AI Smart Contract Auditing

Publicly available Mythos, Anthropic's AI model, has officially launched, demonstrating both significant potential and limitations in smart contract security auditing. The article analyzes its capabilities through real-world cases. AI excels in identifying subtle, low-level vulnerabilities through pattern recognition and large-scale code screening. A key example is detecting a storage slot collision between a custom rewards mapping and a third-party library's ReentrancyGuard, a vulnerability easily missed in manual audits. In the recent Zcash incident, AI also rapidly discovered a critical soundness bug that had remained hidden for years. However, AI currently struggles with complex, interconnected scenarios. When tested on the Curve LlamaLend sDOLA exploit, which involved manipulating prices across multiple protocols (Curve pools, lending markets) to trigger liquidations, Fable 5 failed to identify the core cross-protocol attack vector. These scenarios require a deep understanding of DeFi economic models and multi-contract interactions. In conclusion, while AI tools like Mythos significantly boost efficiency in finding standardized, syntactic vulnerabilities, they cannot yet replace expert analysis for complex, business-logic, and cross-protocol attacks. An effective audit workflow combines AI's speed for initial screening with human expertise for in-depth, holistic analysis.

marsbit2m ago

Public Version of Mythos Officially Launched: Analyzing the Advantages and Limitations of AI Smart Contract Auditing

marsbit2m ago

Trump's Reversal in Words and Deeds: The So-Called 'Deal Is Near' Is Merely a Smoke Screen for War

This article critically analyzes the Trump administration's policy reversals and use of "imminent deal" rhetoric following a military incident with Iran. After a US Apache helicopter crashed near the Strait of Hormuz, Trump initially downplayed the event. However, within 24 hours, he claimed Iran "shot down" the helicopter and ordered retaliatory strikes on Iranian coastal targets. The article argues these strikes, which reportedly disrupted water supplies for 20,000 people, triggered further Iranian missile attacks on US bases in the region. The core critique is that this military escalation contradicts a constant stream of administration claims, spanning over 100 days of conflict, that a deal to reopen the Strait of Hormuz was "very close" or "days away." The author frames these repeated "imminent deal" announcements as a "smokescreen" for political theater and military action, not genuine diplomacy. Despite the blockade and strikes, the Strait remains closed, oil prices are up, and no agreement has been reached. The conclusion urges skepticism, suggesting that when officials claim a deal is near, the rational assumption should be the opposite.

marsbit4m ago

Trump's Reversal in Words and Deeds: The So-Called 'Deal Is Near' Is Merely a Smoke Screen for War

marsbit4m ago

Trade.xyz's Rebase Refusal Sparks Controversy, On-Chain Pre-IPO Market Faces Major Pricing Test

The debate surrounding Trade.xyz's refusal to adjust its SPCX (SpaceX pre-IPO) perpetual contract pricing amid updated share count revelations highlights a key challenge for on-chain pre-IPO markets. While several centralized exchanges (CEXs) paused and repriced their contracts after SpaceX's filing showed a ~10% increase in total shares, Trade.xyz maintained its market-driven pricing logic, which tracks expected per-share price sentiment rather than fundamental valuation metrics like market cap. This discrepancy triggered cross-platform arbitrage and caused leveraged long positions on Trade.xyz to suffer significant losses, as the platform's HIP-3 architecture lacks a native "Rebase" mechanism to neutrally adjust all user positions following such corporate actions. The incident underscores the difficulty for decentralized perpetual exchanges (Perp DEXs) to implement Rebase—a process CEXs handle by centrally pausing markets and adjusting ledger data. On-chain, this requires complex smart contract modifications, increasing gas costs, complexity, and potential attack surfaces. While some DEXs have managed similar adjustments, Trade.xyz's current design does not natively support it, though the team is reportedly exploring solutions for future events like stock splits. Ultimately, the controversy serves as a critical case study for the nascent on-chain pre-IPO sector, raising questions about price discovery reliability, transparent rule disclosure, and the readiness of DeFi infrastructures to handle traditional corporate actions as real-world assets (RWAs) gain traction.

marsbit10m ago

Trade.xyz's Rebase Refusal Sparks Controversy, On-Chain Pre-IPO Market Faces Major Pricing Test

marsbit10m ago

The 'Middle Eastern Prince' Swindles a Wealthy Woman: Renting Planes and Rolls-Royces, Scamming 120 Million Over Three Years

Two brothers who posed as "Middle Eastern princes" have been sentenced in the United States to 24 and 23 years in prison, respectively, and ordered to pay over $21.2 million in restitution and back taxes. Over three years, they fraudulently obtained approximately $21 million, primarily by promoting fictitious investment projects, including a non-existent cryptocurrency mining operation in a former General Electric industrial park in East Cleveland. The brothers, aged 42 and 33, created elaborate personas: one claimed to be a wealthy royal family heir and the city's "International Economic Advisor," while the other posed as a hedge fund manager with expertise from watching the TV show *Billions*. They bolstered their image by renting luxury cars and private jets and cultivating a relationship with a local mayor's chief of staff, who provided official-looking documents and government event access. A significant portion of the victims' funds, about $18 million, came from a single Chinese investor, a woman from Sichuan with experience in Bitcoin mining. The brothers also defrauded several women, including one former girlfriend. Their scheme unraveled when the primary investor discovered her $6 million worth of mining equipment had been sold off. The case highlights a trend of impostors using fabricated "Middle Eastern royal" identities to target wealthy individuals. Similar incidents include a "Dubai prince" who recently promoted a $500 million family office in Hong Kong and a Colombian man who impersonated a Saudi prince for decades in the US before being caught and sentenced in 2019.

marsbit24m ago

The 'Middle Eastern Prince' Swindles a Wealthy Woman: Renting Planes and Rolls-Royces, Scamming 120 Million Over Three Years

marsbit24m ago

a16z Partner: Being in the Flow of Capital Is the True Moat

A16z Partner: Standing in the Cash Flow is the True Moat Historically, many of the strongest companies built their moats by positioning themselves within "cash flows"—facilitating value creation and transfer in a network and taking a cut. The more value flows, the larger they grow. Crypto is the first modern technology natively built for this. With open ledgers, programmable settlement, and stablecoins enabling internet-speed global value transfer, it allows startups to inherit network effects from day one. Well-designed tokens align users, developers, and the protocol towards network growth, distributing value to contributors. This model isn't new (e.g., railroads, Visa, Google, AWS) but Crypto democratizes it. It lets entrepreneurs target areas with high inefficiency and profit extraction—like traditional finance's payments, custody, FX, and settlement—to compress costs, increase speed, and redistribute value by standing in the new flow. The opportunity extends beyond finance to emerging markets like GPU/compute, AI training data, energy, and space, where new, programmable infrastructure can be built without legacy constraints. Key questions for founders: Are you already in the cash flow? Does your revenue scale 10x with network activity? Where is profit extraction highest relative to value created in your market? The strategy is clear: compress the old cost structure, position yourself in the new value stream, and let the network compound.

marsbit52m ago

a16z Partner: Being in the Flow of Capital Is the True Moat