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CoinW Launches Stablecoin USD1 and Initiates a $3,000 Bounty Program

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Odaily
494Words
May 24, 2025

Odaily Planet Daily reports that according to official information, CoinW officially launched the stablecoin $USD1 ($USD1) on May 22, 2025, at 20:00 (UTC+8), simultaneously opening the USD1/USDT trading pair and initiating the "$USD1 Bounty Program" with a total prize pool of up to 3,000 USD.

This event is targeted at new users. Anyone who trades USD1/USDT totaling 20 USDT or more will receive an airdrop of 3 USDT, and those who deposit more than 100 USDT will receive an additional 3 USDT reward.

$USD1 ($USD1) is a US dollar stablecoin issued by World Liberty Financial (WLFI), aimed at providing institutional and retail users with a safe, compliant, and transparent digital dollar solution. Each $USD1 is custodied by BitGo Trust Company, one of the world’s largest independent compliant custodians, and is fully backed 1:1 by USD reserves to ensure asset security and enhance user trust.

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