The stablecoin sector appears to be about 'pegging or not', but in essence, it is a long-term competition of 'transparency + risk control + scenario coverage'. Today, as I further study @USDD - Decentralized USD , I am more concerned about whether USDD can build a mechanism that is a retrievable project rather than relying on short-term activity to sustain confidence. The most critical moments for stablecoins are never during calm markets, but rather during periods of extreme market volatility, liquidity contraction, and emotional spread—at which point users only care about two things: whether the peg can be maintained and whether it can circulate smoothly.

From a usage perspective, stablecoins serve as the foundation for on-chain capital turnover: cross-chain arbitrage, market making, contract margin, and DeFi collateralized lending all rely on it. A stablecoin that is deep enough, has low friction, and has wide ecological coverage will naturally become the 'default tool'. I hope to see USDD continuously strengthen in two areas: first, more continuous and standardized information disclosure, allowing users to reconcile long-term through on-chain data; second, more real-world scenarios landing (DeFi collateral, trading pairs, cross-chain turnover, payment gateways), making 'stability' a habit rather than a slogan. I will continue to track the adoption situation and mechanism details. #USDD以稳见信 @USDD - Decentralized USD