About 64% of the USD1 circulating supply is held on Binance, and no other exchange holds more than 5%

Odaily 星球日報訊 ADI PredictStreet has changed the wording on its official website regarding operations using USD1 to USDC, and stated that the original information was outdated. On-chain analysis found no evidence that the platform uses USD1 for transactions; it actually uses USDC issued by Circle. An IHC spokesperson said that the operator of PredictStreet is no longer a subsidiary of IHC. About 64% of the USD1 circulating supply is held on Binance, and no other exchange holds more than 5%.