Lifecycle
USD1 that has been issued onto the Ethereum blockchain can then be used for absolutely any purpose that a regular USD would be used for, e.g.:
Fiat world activities:
Transfer money to anyone, anywhere, with no fees other than gas
Pay a merchant by scanning a QR code and pressing "Send"
Absolutely anything else that you would normally do with a USD...
Crypto world activities:
Market Making
Speculation
Arbitrage
Investment

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