Data: wcgUSD ranks among the top three in trading volume in Pendle's new stablecoin market, with TVL exceeding 32.65 million USD

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Chaincatcher2025/05/31 14:37

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In Pendle's new stablecoin market, Cygnus's stablecoin wcgUSD ranks among the top three in trading volume, following eUSDe and USDS, with a TVL exceeding $32.65 million.

It is reported that wcgUSD is the first wrapped stablecoin natively integrated with Instagram, supporting the growth of stablecoin use cases across the Instagram ecosystem through features like on-chain task rewards and ad revenue sharing.

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