Gate launches USD1 loyalty program with WLFI stablecoin before airdrop
Gate exchange has become the first to fully integrate WLFI’s USD1 stablecoin, launching a comprehensive loyalty program that rewards users for USD1 spot trading, conversions, staking, limit orders and Launchpad participation. Points earned can be redeemed for trading fee discounts, token airdrops and exclusive platform perks. As the world’s second-largest USD1 stablecoin holder with licenses in North America, Asia and the Middle East, Gate ensures compliance and security. Major platforms like KuCoin are set to join the USD1 ecosystem, underlining a shift from stablecoins as value anchors to service-driven assets focused on user incentives. This loyalty program could set a new industry standard, boosting USD1 stablecoin liquidity, trading volume and user engagement.
Bullish
This loyalty program is likely bullish for USD1 stablecoin. In the short term, it incentivizes spot trading, staking and Launchpad participation, driving demand and liquidity for USD1. In the long term, integrating WLFI’s token as a service-driven asset strengthens user retention, enhances utility and encourages other exchanges to adopt USD1, potentially establishing it as an industry-standard stablecoin and supporting stablecoin adoption and price stability.