Mon, February 2

KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder

KuCoin Extends Support to USD1 as WLFI Stablecoin Climbs the Ladder Market News
  • KuCoin to support USD1 on AB Core Network.
  • WLFI stablecoin currently ranks 5th on the list of global stablecoins in terms of market cap.
  • Deposits to commence on February 02, 2026.

KuCoin, an exchange platform, has announced its support for USD1. The WLFI stablecoin will be available on a network with deposits expected to commence soon. The move comes at a time when USD1 is moving upward on the list of global stablecoins in terms of market cap.

KuCoin Now Supports USD1

KuCoin, through an X post, has confirmed that it is extending support to the WLFI stablecoin, which is USD1. The token will go live on AB Core Network, with deposits scheduled to commence on February 02, 2026, at 10:00 UTC. Users can access the Deposit page to check the stablecoin. They only have to select USD1-AB Core Network to complete the transaction.

WLFI has confirmed the announcement, saying that it marks a step in the expansion of the global adoption of its stablecoin. World Liberty Financial has also hinted that it would soon bring more utilities for the community. Members have reacted positively to this announcement, by calling it epic, and expressing that they were bullish on USD1.

USD1 on the Stablecoin Chart

The list of global stablecoins is still led by Tether’s USDT with a market cap of $185.23 billion. However, USD1 seems to be making its way forward, considering it just surpassed PayPal’s PYUSD. The market cap of WLFI stablecoin is currently $4.96 billion after briefly recording a number of $5 billion on January 28 ,2026.

Interestingly, USD1 has climbed the ladder in less than 12 months, as it was launched only in March 2025. USD1 still has a long way to go because it is still behind USDC, USDe, and DAI, in the same sequence from the second position. They have a market cap of $70.38 billion, $6.55 billion, and $5.36 billion, respectively.

Earlier Success of WLFI Stablecoin

The earlier success of WLFI stablecoin is linked to Binance, after the platform announced rewarding 12 million tokens through a points program. Members only had to participate in the USD1 Points Program, and they had a chance of earning a share from the token voucher pool.

The program commenced on January 29, 2026, and is scheduled to conclude on February 27, 2026, at 8:30. Acceleration on Binance and support from KuCoin represent that there is potential for a broader adoption of USD1, as underlined by World Liberty Financial in the official announcement.

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