World Liberty USD1 Stablecoin Market Cap Falls Over $400 Million
CoinGecko data put USD1’s market capitalization at about $4.02 billion on Monday, down from $4.43 billion on Oct. 6, with large redemptions on Ethereum and BNB Chain cited.
World Liberty Financial’s USD1 stablecoin has shed over $400 million in market capitalization over the past two weeks, driven by large redemptions on Ethereum and BNB Chain.On Monday, CoinGecko data showed USD1’s market capitalization at about $4.02 billion, down from $4.43 billion on Oct. 6. That’…