In the morning a friend asked if opening a Hong Kong card is troublesome; actually it's quite simple. You can apply online directly for HSBC and ZhongAn Bank, and just activate the card when it’s mailed back to the mainland. Personally I find ZhongAn more convenient, and it’s also handy for subscription to new stocks.
This actually reflects a market logic: whoever is smoother and simpler will attract the money. Seeing the Aster DEX × WLFI update conveys this idea—turning $USD1 into the sole settlement asset for TradFi perpetuals, no longer coexisting with USDT.
This step is clever, essentially binding liquidity, depth, and settlement demand all to #USD1. The upcoming RWA—gold, silver, crude oil—core assets will flow in, and with the potential token linkage of $WLFI, all demand will depend on it.
Combined with (potential future adjustments): negative maker fees to encourage liquidity provision, low taker fees to stimulate trading.
In one sentence: it's not about which asset you use, but which one is smoother to use; the market will choose that, and efficiency gains are the biggest narrative.
@Aster_DEX @worldlibertyfi #USD1
World Liberty Financial (wlfi.one) WLFI 價格歷史 USD
World Liberty Financial (wlfi.one) 社交媒體動態
Every TradFi perp on @Aster_DEX will settle in USD1.
→ Not alongside USDT. Exclusively.
→ Gold. Silver. Crude oil. More markets coming.
→ Both sides exploring integration across their respective tokens. 👀 https://t.co/zgpSWbQnwf
So, does anyone really dare to join the Matcha USD1 event?
The actual annualized return is indeed tempting.
However, it restricts mainland KYC.
I still say, don't lose the watermelon because of the sesame. https://t.co/WUEZOYctQy
Yesterday a friend asked me which CEX have USD1 investment products.
In fact, the official website usually has the most comprehensive index 👉 https://t.co/pN9CBXcwn9
On the USD1 Provider, filter by “Exchange” to see collaborations with 9 exchanges including Binance, Bitget, Bybit, Kraken, etc.; further filter by “Save” to confirm that Binance and MEXC are running deposit investment activities.
In addition, there are partnerships with 3 wallets, 7 DeFi projects, and 2 DEXes — the bear market broadens use cases, and we’ll see how high it climbs on the stablecoin ladder in the next bull market.
