DOLO lending market surges 30% on launch day, new stablecoin ecosystem begins to take shape

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【Blockchain Rhythm】New developments in the lending sector. After World Liberty Financial’s WLFI token launched a lending market in collaboration with Dolomite, it has performed exceptionally well—recently increasing by over 30%, with the latest price surpassing $0.053.

This lending market just went live on Monday, mainly to find more use cases for WLFI’s stablecoin USD1. The system supports a wide range of assets: including the project’s own USD1 and WLFI tokens, as well as mainstream USDC, USDT, and assets in the form of Ethereum and tokenized Bitcoin.

Data shows that market enthusiasm for this new lending protocol is high. Dolomite, as the technical support provider, supplies the underlying infrastructure for the entire system. The combination of this new stablecoin and lending protocol is becoming a new direction for major projects to explore. Whether a stable ecosystem can be established in the future depends on whether WLFI can gain a foothold in practical applications.

WLFI-2,61%
USD1-0,01%
USDC0,02%
ETH-2,04%
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