KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder

TheNewsCrypto2026-02-02 tarihinde yayınlandı2026-02-02 tarihinde güncellendi

Özet

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

İlgili Sorular

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.

İlgili Okumalar

The Value Distribution of Stablecoins

**Summary: The Value Distribution of Stablecoins** The article argues that stablecoins are evolving from mere trading tools into broader channels for dollar access. It divides the stablecoin ecosystem into four layers to analyze how value is distributed: 1. **Issuance Layer:** Mints stablecoins, holds reserve assets, and captures the spread between reserve yield and user costs (e.g., Tether, Circle). This layer currently earns the largest profit margin. 2. **Infrastructure Layer:** Connects stablecoins to the traditional financial system, handling fiat on/off-ramps, banking integration, compliance (KYC/AML), and asset management (e.g., Bridge, BVNK). This is the "unglamorous" but critical work, building the essential bridges between crypto and real-world finance. 3. **Acquiring/Distribution Layer:** Integrates stablecoins into merchant systems, manages payment flows, and provides enterprise financial software (e.g., Stripe, Coinbase). They act as the access point for businesses. 4. **Application Layer:** The end-users and businesses that ultimately use stablecoins for payments, settlements, or as a store of value. They benefit from convenience but have little pricing power. The core thesis is that while the issuance layer currently dominates profits, the often-overlooked **infrastructure layer holds significant long-term potential**. The real challenge and barrier to mass adoption is not the on-chain transfer of stablecoins (which is simple), but the complex "last mile" integration into existing business workflows, banking systems, and regulatory frameworks across different countries. Companies in this layer are currently in a "land grab" phase, investing heavily to build networks, secure bank partnerships, and establish compliance pathways. While their position is currently pressured by the profitable issuers above and distribution platforms below, the article suggests that if stablecoins become a default financial rail for businesses, the infrastructure providers who have done the hard work of integration will ultimately gain strong pricing power and become entrenched, essential players.

marsbit4 saat önce

The Value Distribution of Stablecoins

The Value Distribution of Stablecoins The article argues that stablecoins are evolving from a mere trading tool into a broad "dollar channel." It analyzes the industry's value chain through four layers: 1. **Issuance Layer (e.g., Tether, Circle):** The top layer that mints stablecoins, holds reserve assets, and captures the thickest interest rate spread. 2. **Infrastructure Layer (e.g., Bridge, BVNK):** Connects stablecoins to the traditional financial system, handling critical but complex "dirty work" like fiat on/off-ramps, banking integration, compliance (KYC/AML), and cross-border settlement. 3. **Acquiring/Distribution Layer (e.g., Stripe, Coinbase):** Embeds stablecoins into merchant systems, manages payment flows, and integrates with enterprise software. 4. **Application Layer:** End-users and businesses that ultimately use stablecoins for payments, settlement, or storing value. The author posits that while the issuance layer currently captures the most profit, the most overlooked and potentially critical layer is infrastructure. The core challenge for stablecoin adoption isn't the on-chain transfer (which is simple), but bridging the gap between blockchain and the real-world financial system. This involves solving practical problems for businesses: fiat conversion, reconciliation, tax handling, and user onboarding. Infrastructure companies are currently in a difficult "land-grab" phase—building networks, securing banking relationships, and achieving compliance country-by-country. They face pressure from both the profitable issuance layer above and distribution platforms below. However, the author suggests this layer is building a crucial moat. Once stablecoins become a default business rail, the infrastructure players who have done the hard work of integration may gain significant, durable value and pricing power.

链捕手4 saat önce

Why Is Nvidia Borrowing $20 Billion When It's Not Short of Cash?

Nvidia's recent announcement to issue at least $20 billion in senior notes, despite holding a strong cash position with over $48.6 billion in free cash flow last quarter, is not a sign of financial need. Instead, it represents a strategic move to leverage its high credit rating (recently upgraded to AA by S&P) to secure low-cost, long-term debt. This capital will support long-term AI infrastructure investments, data centers, R&D, supply chain prepayments, and strategic investments, while allowing the company to continue aggressive shareholder returns through stock buybacks and dividends. The decision reflects a mature capital management strategy: using debt to finance long-term growth assets is more efficient and less dilutive to shareholders than equity financing. It signals that Nvidia, like other tech giants (Alphabet, Meta, Amazon), is entering a new phase of heavy AI capital expenditure, shifting from a pure growth story to a story about capital allocation, credit strength, and long-term ecosystem positioning. The key question for investors is whether Nvidia can maintain its high cash flow generation and ensure that returns from these AI investments justify the cost of capital over the long term. The bond issuance amplifies its expansion capabilities but also ties its valuation more closely to the broader AI investment cycle's sustainability and profitability.

marsbit4 saat önce

Why Is Nvidia Borrowing $20 Billion When It's Not Short of Cash?

marsbit4 saat önce

Liberland Fires Tech Secretary After Alleged Blockchain And Website Takeover Attempt

Liberland's congress has voted to remove Technology Secretary Dorian Stern Vukotić, following a resolution accusing him of attempting to hijack the Liberland.org domain, removing administrative multisig protections, blocking the president from voting, and launching unauthorized tokens. The incident serves as a case study in blockchain governance, highlighting risks that go beyond smart contracts to include control over domains, admin keys, and off-chain authority. For the crypto industry, it underscores the need to scrutinize decentralization claims against operational realities, where a small group can still compromise governance. The story reflects a broader market shift where infrastructure security and governance are becoming as critical as price action. Editorial framing should treat the development as a verified information signal about governance risks, avoiding overstatement of Liberland's legal status and leaving room for follow-up evidence.

bitcoinist5 saat önce

Liberland Fires Tech Secretary After Alleged Blockchain And Website Takeover Attempt

bitcoinist5 saat önce

How to Do Research Well: Deliberately Practice the Real Skills That Matter

No one truly teaches you how to do research. You're often given a desk, a pre-selected problem, and vague instructions to "create something new." Consequently, many people reverse-engineer the job based on visible outputs—papers, posts, announcements—learning only how to *appear* like a researcher rather than how to *become* one. True research capability is built from stacking small, trainable skills, nearly all of which can be developed through deliberate practice. **Pick Your Own Problem:** Most researchers absorb problems from advisors or trends, lacking the underlying reasoning. Choosing a problem you genuinely care about, as John Schulman advises, leads to original work. Develop "taste" like a muscle: predict experiment outcomes, guess paper results from methods, and track which findings remain important over time. **Upgrade Your Inputs:** Relying on shared reading lists (arXiv hot lists, filtered group chats) leads to unoriginal conclusions. Undervalued old literature often holds crucial insights (e.g., MoE, LSTM, backpropagation). Richard Sutton's "The Bitter Lesson" or Claude Shannon's 1952 talk on creative thinking are more predictive than lengthy modern surveys. Breadth matters as much as depth: draw from neuroscience, mechanism design, hardware knowledge, and honest statistics. Read papers directly, especially appendices and limitations sections. **Write Everything Down:** As Paul Graham noted, writing exposes flaws in seemingly mature ideas. Writing is the cheapest defense against self-deception. Following Feynman's principle, Darwin programmatically wrote down facts contradicting his theory to combat memory bias. Maintain a detailed log of hypotheses, setups, predictions, results, and updated understandings. Reviewing past logs fosters essential humility.

marsbit6 saat önce

How to Do Research Well: Deliberately Practice the Real Skills That Matter

marsbit6 saat önce

İşlemler

Spot

Futures