USD1 flows to Binance as Fireblocks wallet moves $30M
A Fireblocks-labeled custody wallet transferred 30 million USD1 to Binance, extending a series of large Solana-based stablecoin deposits.
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Leia a documentação da APIUSD1 is a stablecoin pegged to the US dollar, meaning each token is designed to be worth exactly one dollar at all times. Its purpose is to let people move, store, or transact in dollar-equivalent value on blockchains without using a traditional bank account or holding volatile cryptocurrency. It is aimed at anyone who wants the stability of the dollar while operating across the Ethereum, Solana, Tron, Aptos, Mantle, and Morph L2 ecosystems.
USD1 is a token that circulates across multiple blockchains simultaneously, including Ethereum, Solana, Tron, Aptos, Mantle, and Morph L2, meaning it is not native to a single chain. The token is intended to maintain its one-dollar value through some form of backing or reserve mechanism, though no details about the specific reserve structure or consensus algorithm are recorded in this dataset. What is known is that the circulating supply stands at roughly 4.09 billion tokens at this point in time, and the fully diluted valuation equals the market capitalisation, indicating no tokens are held back for future release.
The data stored for USD1 contains no fee stream, revenue figures, or protocol income metrics. There is no record of fees collected from users, paid to any party, or retained by the protocol. Because no fee data exists, fee-based measures that this site might calculate for other assets — such as fee yield or revenue multiples — are not applicable here and would not be meaningful to compute.
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