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

ChainCatcher news, Cygnus's stablecoin wcgUSD ranks in the top three by trading volume in Pendle's new stablecoin market, second only to eUSDe and USDS, with a TVL exceeding 32.65 million dollars.

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