Is the crypto world seeing a "Phoenix"? USDD is stabilizing to the point of overturning perceptions!
@USDD - Decentralized USD #USDD以稳见信
The crypto world is in an uproar! On one side, Bitcoin is experiencing wild fluctuations, while on the other, USDD stubbornly maintains a 1:1 peg to the dollar. How can it defy the crypto market and remain "stable"? Before the deadline on the 25th, let's dig deep into the underlying logic of USDD and discover that this is far from simple on the surface, and it even hides ambitions to overturn the way crypto stablecoins operate 👇
1. "Over-collateralization" = The crypto version of "survival games"?
Traditional stablecoins are still playing the "full reserve" word game, while USDD takes a different approach: using overvalued crypto assets as collateral! This operation is like buying a house, where you put down a 200% down payment, and even if the house price drops by 50%, the bank remains unfazed. In extreme situations, while others rely on "centralized institutions" to gamble on trust, USDD withstands the pressure with over-collateralization, transforming "stability" from an abstract concept into a mathematical problem. This dimensionality reduction is something no one can deny 🔨
2. Decentralization vs Centralization: USDD tears off the crypto world's fig leaf
The crypto world constantly shouts for "decentralization," but most stablecoins are backed by a "centralized institution" that calls the shots! USDD takes a different path, with rules openly on-chain and collateral assets being transparent and verifiable, leaving no room for dark operations. In contrast to certain stablecoins that suddenly freeze accounts or excessively issue tokens, USDD puts "decentralization" into practice, directly tearing off the fig leaf of centralized operations—originally, stablecoins can indeed exist without relying on “institutional credit” ✊
3. Veteran players in crypto angrily say: "USDD is cutting off people's financial paths!"
There are groups in the crypto sphere that rely on market fluctuations to profit. The stable characteristic of USDD pegged to the dollar makes hedging risks and DeFi investments smooth: acting as a "stable channel" during trades, a "safe principal" during mining, and even replacing unstable coins in payments and transfers. As a result, it has disrupted the "gamblers'" cake, with some jumping out to criticize that "USDD destroys the wild nature of crypto"? But what ordinary users need is exactly this kind of tool that is practical and stable, right?
4. Is USDD really as "stable as an old dog"? The deadly challenges can't be hidden!
Don't be fooled by "stability"...