PANews reported on April 12 that according to monitoring by on-chain data analyst @ai_9684xtpa, DWF Labs has become the top 2 institution on the chain holding position of the USD stablecoin USD1 launched by WLFI, and currently holds 6 million USD1.

After DWF Labs received 1 million stablecoins on April 3, it received another 5 million USD1 on the BSC network 9 hours ago, and then cross-chained to the Ethereum mainnet. In addition, Wintermute should be the top institution holding USD1 on the chain. Currently, the four addresses hold a total of 57 million USD1, which is 9.5 times the size of DWF Labs' holdings.