KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder

TheNewsCryptoОпубліковано о 2026-02-02Востаннє оновлено о 2026-02-02

Анотація

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

Пов'язані питання

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.

Пов'язані матеріали

The AI Agent Era Accelerates Its Arrival: Questflow Defines a New Paradigm of Financial Intelligence with On-Chain AI Brokerage

The AI Agent era is accelerating, with the CB Insights AI 100 list highlighting global investment confidence. The focus has shifted from whether AI works to its speed of deployment and ability to manage complex workflows, with autonomous AI Agents driving this transformation. At the forefront is Questflow, a Singapore-based startup redefining financial intelligence through its on-chain AI brokerage. Unlike tools that merely provide data dashboards, Questflow deploys AI Agents that proactively scan markets, form judgments, and execute trades via a conversational interface—operating 24/7 without requiring manual confirmation for each decision. This embodies the new AI paradigm of agents capable of executing multi-step workflows autonomously. Questflow's mission is to democratize institutional-grade trading intelligence. Historically reserved for the ultra-wealthy, this capability is now accessible starting from just $1 through Questflow's "AI Clone + Copy Trade" model. The platform charges only a 1% execution fee, aligning its incentives directly with users and eliminating traditional management or performance fees. The timing is opportune, aligning with key trends identified by CB Insights: the scalable deployment of AI Agents, accelerated AI adoption in financial services, and the maturation of on-chain infrastructure. With robust liquidity on platforms like Hyperliquid and Polymarket, alongside advancements in AI reasoning and non-custodial wallet security, Questflow is positioned to merge the roles of broker, fund, and exchange into a single, accessible platform for millions.

链捕手21 хв тому

The AI Agent Era Accelerates Its Arrival: Questflow Defines a New Paradigm of Financial Intelligence with On-Chain AI Brokerage

链捕手21 хв тому

Why Pricing Social Interactions is Doomed to Fail?

Titled "Why Putting a Price on Social Interaction Is Doomed to Fail," this article critiques attempts to monetize social networks directly through SocialFi models, arguing their inevitable failure stems from a fundamental misunderstanding of media dynamics. Using Marshall McLuhan's theory of "hot" and "cold" media, the author posits that social networks are inherently "cold" media. Their value isn't contained in individual posts but is co-created through user participation, interpretation, and fragmented, ongoing interaction (e.g., replies, shares). This ambiguity and need for user involvement are core to their function. The article asserts that SocialFi projects like Friend.tech failed because introducing real-time, tradable financial pricing (a definitive "hot" signal) into this "cold" environment doesn't add a layer—it replaces the medium's essence. The unambiguous price signal overshadows and nullifies the nuanced, participatory social signal. Users become traders, not participants, and when speculative profits vanish, the underlying social ecosystem—never genuinely cultivated—collapses entirely. This principle extends beyond crypto. The author argues platforms like Twitter have gradually "heated up" through metrics (likes, retweets counts, algorithmically defined value), shifting users from participants to performers and eroding organic engagement. The solution isn't to abandon capital but to manage its entry point. Successful models like Substack, Patreon, or Bandcamp allow capital to "condense" at specific, isolated nodes (e.g., subscriptions, one-time payments) without permeating and "heating" every social interaction. They preserve the core "cold," participatory medium while enabling monetization at designated boundaries. The NFT boom and bust serves as a stark parallel: the ancient "cold" medium of collecting (valued for story, community, gradual accumulation) was rapidly destroyed by platforms that introduced real-time floor prices, rarity scores, and trading dashboards, transforming collectors into speculators and vaporizing cultural value when prices fell. The core lesson: "Liquidity equals heat." Injecting high liquidity and definitive pricing into a "cold" participatory medium doesn't optimize it; it fundamentally alters and destroys its value-creating mechanism. The future lies not in pricing every social gesture but in finding precise, non-invasive points for capital to condense without overheating the entire ecosystem.

marsbit29 хв тому

Why Pricing Social Interactions is Doomed to Fail?

marsbit29 хв тому

Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss

Trump Media & Technology Group, parent company of Truth Social, reported a massive $406 million net loss in Q1 2026, sharply up from $31.7 million a year earlier. The collapse was driven primarily by $370 million in unrealized losses from digital asset investments. These include a $61 million loss on 756 million Cronos tokens and a nearly $500 million gap on 9,542 Bitcoin purchased near the 2025 market peak, though Bitcoin's recent recovery has reduced that paper loss. Adding to turmoil, CEO Devin Nunes resigned in late April. Meanwhile, the company's core media revenue was only $871,200, a minimal increase. Despite the financial losses, the company generated $18 million in operating cash flow by selling options on its pledged Bitcoin holdings. Its stock, once valued at over $97, now trades around $9, reflecting a more than 90% decline from its 2022 peak.

bitcoinist35 хв тому

Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss

bitcoinist35 хв тому

Bitcoin Volatility Returns as Price Tests Critical Indicator Level

Bitcoin experienced significant volatility, briefly surpassing $82,000 before falling back to around $80,000. This triggered over $400 million in liquidations within 24 hours, though the price later recovered moderately above $81,000. The key focus is Bitcoin's approach to the critical 200-day Exponential Moving Average (EMA), a major resistance level near $82,580 that has repeatedly capped price advances since November 2025. Analyst Brett suggests a sustained break above this level could signal the end of the bear market. However, failure to breach it has historically led to sharp declines, with an average drop of 30% from this rejection zone. If this pattern repeats, Bitcoin's price could potentially fall to around $56,600 from current levels. Despite the price pressure, cryptocurrency investment products saw a sixth consecutive week of inflows totaling $4.9 billion, supported by positive sentiment around US crypto legislation.

TheNewsCrypto1 год тому

Bitcoin Volatility Returns as Price Tests Critical Indicator Level

TheNewsCrypto1 год тому

Jensen Huang's CMU Speech: In the AI Era, Don't Just Watch, Build

Jensen Huang, CEO of NVIDIA and a first-generation immigrant, delivered the commencement address to Carnegie Mellon University's class of 2026. He shared his personal journey from a humble background to founding NVIDIA, emphasizing resilience, learning from failure, and the responsibility that comes with leadership. Huang framed the present moment as the dawn of the AI revolution, a shift he believes is more profound than previous computing waves. He described AI as fundamentally resetting computing—moving from human-written software to machines that understand, reason, and use tools. This will create a new industry for generating intelligence and transform every sector. While acknowledging AI's potential to automate tasks and displace some jobs, Huang distinguished between the *tasks* of a job and its core *purpose*. He argued AI will augment human capability, not replace humans. The real risk, he stated, is not AI itself, but people being left behind by those who effectively use AI. He presented AI as a generational opportunity for massive infrastructure investment—in chip factories, data centers, energy grids, and advanced manufacturing—that could re-industrialize nations like the U.S. and bridge the digital divide by making computing and intelligent tools accessible to all. Huang called for a balanced approach: advancing AI safely and responsibly, establishing prudent policies, ensuring broad access, and encouraging universal participation. He urged the graduates not to fear the future but to engage with optimism and ambition, reminding them of CMU's motto, "My heart is in the work." His core message was clear: this is their moment to actively build and shape the AI-powered future, not merely observe it.

marsbit1 год тому

Jensen Huang's CMU Speech: In the AI Era, Don't Just Watch, Build

marsbit1 год тому

Торгівля

Спот

Ф'ючерси