Jump Crypto overtakes Wintermute and DWF Labs to become the largest holder of USD1

Uk Jin

Summary

Jump Crypto has recently accumulated a large amount of USD1.
The firm reportedly became the largest holder of USD1, surpassing Wintermute and DWF.
Jump Crypto said it currently holds 26,165,029 USD1.

Market-making firm Jump Crypto has reportedly accumulated a large amount of the stablecoin USD1 (a virtual asset whose value is pegged to fiat currency).

On the 26th (Korea time), on-chain analyst ai_9684xpta said on X (formerly Twitter) that Jump Crypto had become the largest holder of USD1, overtaking Wintermute and DWF.

Jump Crypto holds 26,165,029 USD1.

USD1