... (typical for stablecoins). The project has garnered widespread institutional support – according to reports, over 20 funds and companies are among its investors. Such a distributed support structure enhances trust in the stability of USD1. However, as an ... ... project's growth: investors are betting on the potential that Babylon will eventually expand Bitcoin's use in DeFi and justify a billion-dollar valuation. However, as of now, actual capitalization is significantly lower, and the extent to which the project ...