[PRESS RELEASE – Dubai, UAE, June 5th, 2025]
The following-generation web3 investor and market maker DWF Labs has introduced that the USD1 stablecoin has gone dwell on DWF Liquid Markets. Its introduction signifies that greater than 1,000 counterparties can entry USD1 by way of DWF’s institutional-grade buying and selling resolution.
Developed by World Liberty Monetary, USD1 operates as a fiat-backed stablecoin for institutional and retail merchants. Custodied by BitGo, USD1 is absolutely backed by short-term US authorities treasuries, US greenback deposits, and different money equivalents.
USD1 will type a cornerstone of DWF Liquid Markets which helps on the spot OTC trades utilizing a request for quote (RFQ) mannequin. This allows merchants to faucet into aggressive worth quotes and execute OTC trades privately with no market influence. Characterised by deep liquidity and 24/7 entry, DWF Liquid Markets is optimized for facilitating massive trades of main crypto property.
Andrei Grachev, Managing Associate at DWF Labs, mentioned: “Stablecoin variety is integral to supporting a sturdy buying and selling ecosystem that isn’t reliant on any single dollar-based asset. The launch of USD1 on DWF Liquid Markers helps this purpose, giving skilled merchants entry to a flexible and clear stablecoin that may function a base pair for all their buying and selling exercise.”
The introduction of USD1 on DWF Liquid Markets will considerably broaden entry to the institutional-friendly stablecoin which is absolutely backed by a reserve portfolio audited recurrently by a number one accounting agency.
Initially launched on Ethereum and Binance Good Chain, USD1 will ultimately broaden to different protocols sooner or later. Every token is designed to keep up a price of $1 USD and is absolutely backed by a reserve portfolio audited recurrently by a third-party accounting agency.
About DWF Labs
DWF Labs is the brand new technology Web3 investor and market maker, one of many world’s largest high-frequency cryptocurrency buying and selling entities, which trades spot and derivatives markets on over 60 prime exchanges.
Study extra: https://www.dwf-labs.com/
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