Recently, I noticed that the annualized return of Sun Yuchen's USDD is not low. For those who currently have USDT and want to manage their finances to increase returns, they will consider it. When managing finances, we should not only focus on high returns but also understand the purpose behind the project. The participation steps can be completed in the Binance wallet, and I will also share my views. The USDD line has become increasingly clear. It's not a story or technical parameters that matter, but one sentence: holding me earns you more than holding USDT, and it looks quite stable. Sun Yuchen has clearly defined the path for USDD, using returns to exchange for market.

Through the Binance wallet, user funds have been mixed in. In mid-December 2025, the Binance wallet launched the USDD Yield+ activity, which is quite simple: exchange USDT for USDD and stake it to earn stable returns. For most users, there's no need to study the Tron network or read the white paper; they only care about one thing: why not choose the one with higher returns among stablecoins? The emergence of the Binance wallet essentially lowers the participation threshold for USDD.

TRON itself is the main battlefield for high-frequency use of stablecoins, with transfers, staking, and lending generating real income every day. The interest on USDD is not airdropped; rather, it takes a portion from the on-chain cash flow to subsidize users. Sun Yuchen has always emphasized that we can afford it, which means that the money made from Tron is used to support USDD, exchanging scale for time.

Compared to the early 20% high returns, the returns in 2025 are obviously more restrained. Now, the focus is on a return range of 10% to 12%, which appears sustainable in the long term, continuously attracting new funds through the Binance wallet while gradually reducing the intensity of subsidies, allowing USDD to shift from a mining coin to a commonly used stablecoin. Currently, the issuance of USDD has increased to over 800 million, and it has basically not experienced a de-pegging throughout the year, which is already a solid foothold for a challenger.

Therefore, the current stablecoin landscape is quite clear: USDD is the attacker, relying on returns and entry points like the Binance wallet to capture users. The fact that USDD can expand in 2025 without de-pegging indicates that the path of 'using returns to exchange for market' has not been disconfirmed. The real point of interest lies ahead: after the activities of the Binance wallet end and subsidies are gradually reduced, how many people are still willing to hold USDD? That is the key @USDD - Decentralized USD #USDD以稳见信