BlockBeats News, May 17th. According to official sources, BNB Chain ecosystem MEME project BUILDon (referred to as B) announced that it will co-host a USD1 trading competition with the Fourmeme platform, with a prize pool of up to $200,000. The trading competition will officially start at 20:00 UTC on May 17th, aiming to further promote the practical application of the USD1 stablecoin in on-chain scenarios.
BUILDon, as a MEME project with the core concept of "building on BNB Chain," took the lead in actively responding to the call to build the decentralized stable asset USD1 on the BNB Chain, becoming the first on-chain project to fully support and integrate the USD1 stablecoin. Decentralized stable assets are a key foundation for the future development of Web3, and the deep cooperation between B and USD1 is a manifestation of this strategic direction.
According to CoinMarketCap data, the B/USD1 trading pair has reached a trading volume of $16.52 million in the last 24 hours, accounting for 32% of the total USD1 on-chain trading volume.
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