Now, any decent Web3 project has the words 'national treasury' in mind:
A bunch of tokens come in from financing, and after the launch, the price fluctuates. The team is making the product while watching the runway decrease every day.
If you really do the math, you'll find an awkward reality — projects often fail not because of a lack of imagination, but because they run out of money.
So everyone starts to learn Web2:
After financing, first exchange part of it for stablecoins to lock the runway.
But the next question is more detailed: where exactly should this 'living expense' be placed?
Putting it on an exchange? You have to trust the platform for security, compliance, and account freezing.
Putting money in a bank? It can't keep up with inflation, and foreign exchange and deposit/withdrawal are a whole bunch of hassles.
Should we release certain high APY farms? If a bug occurs or TVL crashes, the national treasury will be in ICU.
USDD 2.0 is actually very suitable to be used as a "main asset for the national treasury of DAOs/project teams"—
It's not for all-in betting; it's for the portion of money that *cannot die, nor can it lie low*.
First, let's look at the fundamentals: USDD 2.0 has been separated from the earlier algorithmic version.
It is now a stablecoin that is over-collateralized with multiple assets.
The collateral, contract address, and composition of the national treasury are all publicly listed on the official website and on-chain data page.
Security audits were conducted with more than one company; the core logic of the protocol was hardcoded in advance.
The rules cannot be changed arbitrarily, and the system cannot be frozen at will.
For DAO, this means:
You can use data and reports to explain to cryptocurrency holders "where the national treasury is located and where the risks lie".
In terms of anchoring, USDD uses a combination of a backing asset and PSM to defend the dollar level.
Once the secondary price deviates, arbitrage funds will move between the PSM and external markets, turning the volatility into profits.
Incidentally, this will also pull the price towards the anchor point.
For the project's national treasury, this layer is significant because:
If you use USDD for accounting, the "1" in your financial statements will most likely be 1.
Don't worry about stablecoins experiencing a rollercoaster ride at crucial moments.
What's even more interesting is the revenue layer.
Most project treasuries are now either sitting in USDT/USDC, slowly being eroded by inflation, or being forced to scramble for yield farms and other exploit pools, resulting in—
In addition to developing products, the team also works part-time as asset managers.
USDD 2.0 has a Smart Allocator attached here.
The protocol's own strategy engine works in multi-chain lending, LP, and RWA revenue.
The money earned is recorded in the system and then distributed through sUSDD.
For DAOs/project teams, you can design a "treasury main line" like this:
Convert a portion of your long-term runway into USDD, using it as a unit of account and a safety net.
Then, take another piece from it and use it as collateral to mint sUSDD, which will be held as part of the "Treasury Stable Interest Reserve".
Let this money follow Smart Allocator's strategy and slowly earn interest within a reasonable risk range;The remaining liquidity can then be freely split:
Part of it will continue to serve as a buffer for operating expenses, while the rest will be used to support its own ecosystem, limited partners (LPs), and incentives.
Technically, there are two possible paths:
For DAOs that require a highly decentralized image, the national treasury can be managed directly on-chain using protocols such as USDD/sUSDD + JustLend, with the entire process being publicly transparent and verifiable;
Projects that are more CeFi-friendly can be paired with entry points such as HTX Earn and Binance Wallet Yield+ to allow a portion of USDD treasury assets to follow a "simple, controllable, and easy-to-reconcile" path.
This way, when you meet with investors or the community, you won't just be able to say "we're very conservative" or "our money is all in big firms":
Instead, they can produce a clear structural diagram.
Some funds are used as a safety net in USDD, some are used to generate stable interest in sUSDD, and some are used for growth within their own ecosystem.
The risks, returns, and liquidity of each segment can be clearly explained.
In the next cycle, projects that last a long time will most likely have one thing in common:
Instead of relying solely on "storytelling ability" as their sole competitive advantage, they've added another element—
Manage that sum of money that is "living" well.
USDD 2.0 won't make your product better, nor will it help you acquire users.
What it can do is ensure that your national treasury is transparent and auditable.
There is a stable and continuous main cash flow.
In this stage where regulation increasingly emphasizes "who manages the money clearly,"
This main storyline is probably more valuable than writing a few more pages of pitch notes.
Disclaimer: The above content represents the personal research and opinions of "Marking the Boat to Find the Sword" and is for informational purposes only. It does not constitute any investment or trading advice.