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

TagsKuCoinStablecoinUSD1WLFI

Related Questions

QWhat is the name of the stablecoin that KuCoin has announced support for?

AUSD1, which is the WLFI stablecoin.

QOn which network will USD1 be available for deposits on KuCoin, and when are deposits scheduled to begin?

AUSD1 will be available on the AB Core Network, with deposits scheduled to commence on February 02, 2026, at 10:00 UTC.

QWhat is the current market capitalization of the WLFI stablecoin as mentioned in the article?

AThe market cap of the WLFI stablecoin is currently $4.96 billion.

QWhich major exchange previously ran a points program to reward users with USD1 tokens?

ABinance ran a points program to reward 12 million USD1 tokens.

QAccording to the article, which stablecoins currently have a larger market cap than USD1?

AUSDT, USDC, USDe, and DAI all have a larger market cap than USD1.

Related Reads

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbit2h ago

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbit2h ago

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手3h ago

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

链捕手3h ago

Trading

Spot
活动图片