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DWF Labs Mints USD1 Stablecoin, First Test Transaction Hits Wallet

  • A test transaction using the USD1 token was confirmed on the BNB Smart Chain, indicating early-stage activities by DWF Labs.
  • DWF Labs has minted the USD1 stablecoin and announced a strategic relationship with it.
  • The test transaction incurred a small gas cost but did not carry any BNB value.
  • The USD1 stablecoin will be deployed on Ethereum and Binance's BNB Chain to tap into their user bases and ecosystems.

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