As I watch the WLFI market cap enhance virtually day by day, I wish to make sure I perceive what I’m seeing. Market cap needs to be the overall variety of USD1 stablecoins x its worth ($1). So, a 5 Billion market cap means there are 5 Billion USD1 stablecoins. That additionally means there are $5 Billion in belongings backing them. If that is appropriate, then on the charge the market cap has been growing over the past 2 weeks ($4 Billion to $5 Billion), WLFI will generate $24 Billion by the top of this yr. Is that this appropriate? Would love to listen to everyones perspective on this.
