PANews reported on May 24 that, according to on-chain analyst Yu Jin, WLFI has spent over $115 million (in WLFI form) in four months to expand the market for USD1, including USD1 interest rate subsidies on CEXs (Binance, Bybit, etc.), activity subsidies on Aster, and interest rate subsidies on the on-chain lending platform (Dolomite).

Building on this, USD1's size increased by 50% ($3.137 billion → $4.76 billion), rising from 7th to 4th place among USD stablecoins, surpassing USDe and PYUSD, and now second only to USDT, USDC, and DAI. USD1's trading volume increased tenfold, from an average daily trading volume of $200 million before subsidies to the current average daily trading volume of $2 billion. This growth is attributed to subsidies attracting users to hold and trade USD1, as well as the support from CEXs and Perp DEX for USD1 as margin trading.