About 64% of USD1's circulating supply is held on Binance, with no other exchange holding more than 5%

Odaily reports that ADI PredictStreet has changed the statement on its official website regarding operations using USD1 to USDC, stating that the original information was outdated.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 USD1's circulating supply is held on Binance, with no other exchange holding more than 5%.