Recently, the cryptocurrency market has experienced ups and downs, with BTC/USD prices dropping from $96,000.94 to $24,111.22 within 24 hours. Such a cliff-like decline is truly shocking. But interestingly, amid this turbulence, the stablecoin market has shown differences—some have followed the crash, while others remain unmoved. USDD 2.0 belongs to the latter, demonstrating what "stability" truly means through its actual performance.

From a technical perspective, the over-collateralization mechanism used by USDD 2.0 is indeed a well-designed feature. Each token issued is backed by assets exceeding 100%, meaning even in extreme market fluctuations, there are sufficient assets to cover the issuance. The key is that all collateral information and transaction records are transparent and on-chain, allowing anyone to audit and verify at any time. This fundamentally prevents the loophole of "unsecured issuance." Moreover, it has passed five audits by reputable security firms CertiK and Chainsecurity. Even top-tier exchanges in the crypto space recognize this security system, making the trustworthiness quite rare in today’s market.

Regarding stability, USDD 2.0 performs even better. It achieves 1:1 slippage-free exchanges through the PSM (Peg Stability Module) arbitrage mechanism, with prices long-term anchored near $0.999. Even if other stablecoins fluctuate significantly, USDD 2.0 remains unaffected. Currently, the Tron version of PSM has nearly $50 million in liquidity support, and funds on Ethereum and BSC chains are also sufficient. This depth of liquidity provides solid support for price stability.

But that’s not the main point. Users holding USDD 2.0 can not only hedge against market volatility but also earn stable yields. For conservative investors, staking USDD to mint sUSDD can yield about 12% annualized return, with no lock-up period—withdraw anytime. Those seeking higher yields can participate in LP mining on certain DEXes, with APYs exceeding 23%, plus additional reward incentives. Conservative investors also have options, such as depositing into ecosystem lending protocols, which offer a steady 10% annualized return with no risk exposure. Recently, a leading wallet launched a related yield strategy, requiring only a 100 USDT minimum to participate, with a share of a reward pool. Combined with basic yields, the overall return efficiency is quite attractive.

This combination of stability and income to some extent explains why, during market panic, some stablecoins can still maintain market confidence.