Data: wcgUSD ranks among the top three in trading volume in Pendle's new stablecoin market, with TVL exceeding 32.65 million USD
In Pendle's new stablecoin market, Cygnus's stablecoin wcgUSD ranks among the top three in trading volume, following eUSDe and USDS, with a TVL exceeding $32.65 million.
It is reported that wcgUSD is the first wrapped stablecoin natively integrated with Instagram, supporting the growth of stablecoin use cases across the Instagram ecosystem through features like on-chain task rewards and ad revenue sharing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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