PANews reported on September 24th that WLFI Wallet team member Dylan_0x (@0xDylan_) posted on the X platform that, as CZ stated, USD1 is filling the liquidity gap left by BUSD. For a stablecoin, quickly listing on all centralized exchanges is only the first step in opening up user acquisition channels. The real journey has just begun, and one day people will realize that USD1 provides a completely different stablecoin experience. Achieving compliance is an extremely rigorous process. Even the WLFI app must undergo legal review and multiple compliance approvals, which is why WLFI repeatedly issues "coming soon" announcements.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

