World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks

World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.
Source: World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks (https://cointelegraph.com/news/world-liberty-usd1-stablecoin-market-cap-drops-400-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)