USD1 – The “America First” Stablecoin Shakes Up Solana & DeFi
USD1 has become the focal point of the crypto market over the past week, standing out thanks to its liquidity boom, strong backing from WLFI, and the memecoin wave on Solana.
This is an emerging trend in DeFi where protocols shift from traditional yield farming models (based on inflationary token emissions) to buyback mechanisms that use real protocol revenue from trading fees, lending interest, or other financial products to repurchase tokens on the open market.
Macroeconomic Outlook: U.S. Faces Biggest Job Loss in Years as Fed Relentless Rate-Cut Cycle - and What It Means for Markets
The official U.S. jobs report (scheduled for Oct 3) wasn’t released because Congress failed to pass a funding bill, triggering a government shutdown. That means the Bureau of Labor Statistics didn’t publish the data, leaving markets to rely on ADP’s private-sector report instead.