When many old investors hear Sun Yuchen, their first reaction is not the project's white paper, but a nickname from the community:
“Sun cut.”
Have you been cut?
To be honest, after spending a long time in the crypto space, who hasn't been cut a few times?
But precisely because he has been criticized the most, Sun Yuchen has become a very interesting sample—he knows better than anyone that what the crypto world fears the most is not a drop, but instability.
So you will notice a change:
In recent years, what he has pushed the hardest is not the wildly fluctuating meme coins, but something that sounds very 'boring'—the stablecoin USDD.
What is USDD?
One-sentence version:
👉 A decentralized dollar that wants you to 'get cut a little less.'
USDD is not the type of stablecoin where 'I say it’s worth 1 dollar, so it’s worth 1 dollar.'
It is taking a different path:
Over-collateralized.
What does it mean?
What you see as 1 USDD is not 1 dollar behind it, but at least 1.2 dollars or even more crypto assets supporting it.
TRX, BTC, USDT, USDC... they are all included.
You can understand it as:
Others say 'Trust me, I have money.'
USDD is 'You don't need to trust me, the money is on the chain.'
All collateral assets, issuance amounts, ratios, are all traceable on-chain.
Not relying on words, not relying on promises, but living on public data.
This is actually very 'Sun Yuchen'.
When a person is criticized for 'cutting' to the extreme, there is only one thing they need to do:
Make the system so that others don’t need to trust him.
This is also the greatest value of USDD.
What can USDD do for newcomers in the crypto world?
Very simple:
• When the market surges and plummets, use USDD to dodge for a bit.
• If you don't want to look at K lines every day, you can still use it steadily in DeFi.
• Don't worry about 'sudden freezing' or 'sudden problems' because it is decentralized.
• If you want to enter the DeFi world but are afraid to leap in, USDD is a good transit station.
You don’t need to understand complex algorithms, nor do you need to study governance details.
You only need to know one thing:
USDD is not meant to make you rich overnight, but to help you avoid crashes.
One of the most counterintuitive things in the crypto world is:
Living longer is more important than rising quickly.
Maybe Sun Yuchen will still be called 'Sun Cut'.
But USDD is more like him telling the market one thing:
This time, I don’t rely on stories; I rely on structure.
If you are a newcomer to the crypto world,
USDD may not be your most exciting first project.
But it is likely to be the one you will use most often and cannot do without in the future.
Focus on @USDD - Decentralized USD
Talk about what stablecoins should really look like.
