The USD1 team is preparing to launch the USD1 Points Program, enabling users to earn points for their everyday digital asset activity.
Goals of the USD1 Loyalty Program
The USD1 loyalty program aims to change the approach to stablecoin use by providing users opportunities to earn rewards for actions that promote their popularity. The primary idea is to put users first and reward them for supporting the ecosystem.
How to Earn Points in the Program
At launch, active users will be able to earn points by trading USD1 pairs on participating exchanges, holding USD1 balances, or staking their tokens on approved platforms. Additional ways to earn, such as DeFi participation and mobile app engagement, are expected to roll out soon.
Overview of Current Stablecoin Metrics
At the time of publishing, USD1 (USDT) shows a 24-hour trading volume of $549,000,111 and a market capitalization of $2,196,596,415, confirming its high liquidity and market presence. In comparison, Tether USDt has a volume of $60,790,290,257 and a capitalization of $164,058,411,701, while Ethena USDe shows a volume of $450,749,945 and a capitalization of $9,670,203,304.
The USD1 loyalty program promises to be a significant step toward increasing user engagement in the stablecoin ecosystem and will provide additional incentives for active market participants.
