USD1 has returned to 0.9994, and recently the market has been so poor that everyone is on edge.
> USD1 is considered stable and won't experience a $LUNA death spiral. > USD1 is backed 1:1 by assets, and is custodized & endorsed by Bitgo. > $WLFI just finished the Mar-a-Lago event, with Trump in office & a promising outlook for stablecoins, so the ecosystem remains relatively stable.
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USD1 has returned to 0.9994, and recently the market has been so poor that everyone is on edge.
> USD1 is considered stable and won't experience a $LUNA death spiral.
> USD1 is backed 1:1 by assets, and is custodized & endorsed by Bitgo.
> $WLFI just finished the Mar-a-Lago event, with Trump in office & a promising outlook for stablecoins, so the ecosystem remains relatively stable.