CoinW launches stablecoin USD1 and launches $3000 bounty program

Odaily Planet Daily News: According to official sources, CoinW has officially launched the stablecoin USD1 (USD1) on May 22, 2025 at 20:00 (UTC+8), simultaneously opening USD1/USDT trading pairs and launching the "USD1 Bounty Program" with a total prize pool of up to $3000. This event is open to new users. Anyone who trades USD1/USDT or over 20 USDT will receive a 3 USDT airdrop. Recharges over 100 USDT will also receive an additional 3 USDT reward. USD1 (USD1) is a stablecoin issued by World Liberty Financial (WLFI) aimed at providing secure, compliant, and transparent digital dollar solutions for institutional and retail users. Each USD1 is held by BitGo Trust Company, one of the world's largest independent and compliant custodians, and is fully backed by a 1:1 USD reserve to ensure asset security and enhance user trust.