In just two weeks since its launch, the WEUSD stablecoin introduced by PicWe has surpassed $2.5 million in trading volume on the Movement chain

ChainCatcher news, according to Flipside data, in the past two weeks, the native stablecoin WEUSD of the Movement public chain has seen active interactions, with over 10% of on-chain addresses participating in Mint, and the total transaction volume exceeding $2.5 million.

The Movement public chain aims to bridge the Move and EVM ecosystems. Its native protocol PicWe serves as an on-chain liquidity infrastructure, dedicated to building a liquidity port that connects the Move and Ethereum ecosystems.

It is reported that WEUSD is a decentralized full-chain settlement layer stablecoin launched by PicWe, which is a core component of its liquidity settlement system. Unlike traditional cross-chain bridges, PicWe's goal is to reconstruct cross-chain logic and build a "full-chain" liquidity system covering multiple ecosystems, enhancing the usability and liquidity of Move assets in a multi-chain environment.