TechFlow, April 12 — On-chain data shows that DWF Labs has become the second-largest institutional holder of USD1, the dollar-pegged stablecoin issued by WLFI, currently holding 6 million USD1.
Specifically, after receiving 1 million stablecoins on April 3, DWF Labs received another 5 million USD1 via the Binance Smart Chain (BSC) network nine hours ago and bridged them to the Ethereum mainnet. The stablecoin is now available for liquidity trading on Binance Exchange.




