USD1 Market Cap Falls $401 Million as $200 Million Originates at One Address
Image: TokenPost
World Liberty Financial USD (USD1) lost $401.4 million in market value across UTC-dated readings from Oct. 6 to Oct. 19, as fewer tokens circulated while its price held near $1. The UTC-dated daily readings put USD1’s market capitalization at $4.426 billion on Oct. 6 and $4.025 billion on Monday, Oct. 19. The $401,444,937 decline was about 9.1%. These readings cover a longer period than the network supply figures below. Across Ethereum, BNB Chain and Solana, combined USD1 supply fell from 4.42015 billion to 4.03512 billion between the Oct. 6 and Thursday, Oct. 15 closes, a reduction of 385.03 million tokens. Each close was recorded at 8 p.m. ET (midnight UTC the next day).
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