Svmuu News On April 8th, the decentralized stablecoin USDD announced the launch of two WBTC Vaults on the TRON network, allowing users to mint USDD using WBTC as collateral. This represents a new high-quality collateral option for USDD, building upon its existing TRX, sTRX, and USDT Vaults, and marks a further diversification of the protocol's collateral assets. W
BTC, as the largest and most recognized tokenized Bitcoin asset by market capitalization, significantly enhances the diversity and robustness of the USDD collateral pool upon its inclusion. It is reported that the newly launched WBTC-A and WBTC-B Vaults have minimum collateralization ratios set at 150% and 130% respectively, with minimum borrowing amounts of $1,000 and $2,500 respectively. Users can also amplify their returns through two efficient strategies: first, a leveraged long loop, where WBTC is collateralized to borrow USDD, which is then swapped for more WBTC on a DEX and re-collateralized; second, cross-platform interest rate arbitrage, where borrowed USDD is deposited into high-yield pools to earn net interest rate spreads. U
SDD team stated that the launch of WBTC Vaults is a significant step for the protocol in diversifying collateral assets, enhancing security, and improving user experience, which will further strengthen USDD's market positioning as an "interest-bearing version of USDT".
USDD Officially Launches WBTC Vault, Opening New Channel for Bitcoin-Collateralized Minting
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
-
3
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
4
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
-
5
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
-
6
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
7
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
8
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
-
9
China's AI stock bubble has burst, with $340 billion in market cap losses
-
10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
Markets Today
Recommended Reading


