Justin Sun's live broadcast analyzes USDD 2.0 and explores Huobi HTX's unique competitive advantages

On February 5, Justin Sun, global consultant of Huobi HTX and founder of Tron TRON, passionately started to mic with Huobi HTX, with the theme of "Can you still believe in Brother Sun in this wave of USDD?", and in-depth interpretation of USDD 2.0. And answered the community's questions about USDD and Huobi HTX. The live broadcast event encrypted the community and received a warm response, with the highest number of people online at the same time exceeding 12,000.

**Pegged to USD 1:1, multiple mechanisms make USDD "as stable as an old

dog"**

Official information shows that USDD 2.0 is a decentralized stablecoin project on the Tron TRON chain and was launched on January 25 this year.

In the live broadcast, Sun mentioned that although there are USDT, USDC and other stablecoins in the current crypto market, there is still a lack of a stablecoin that truly achieves zero trust, zero censorship, complete decentralization, never freezes and is safe and reliable. It is precisely why he insists on launching USDD.

According to him, USDD 2.0 ensures its 1:1 linkage with the US dollar through multiple mechanisms such as over-mortgage, liquidation and auction, risk management and real-time monitoring, PSM (linked stability module), and decentralized governance, which can make USDD stable as stable Old dog.

The top priority of this is the PSM module. The PSM module is a key technology to ensure that USDD is 1:1 pegged to USD , allowing users to swap USDD with other stablecoins in a 1:1 ratio in seconds , with only a small Gas fee required. This mechanism greatly reduces the risk of arbitrage and can also quickly adjust and stabilize prices when supply and demand are imbalanced.

In addition, users who have already minted USDD know that over-collateralization is required with assets that meet the requirements (TRX, USDT) before minting can be started. Even if this mechanism encounters market fluctuations - thanks to the stability of USDT and the high market liquidity and ecological support of TRX as a mainstream public chain token, the overall price fluctuation is relatively controllable, and the value of collateral will always be higher than that of The amount of USDD cast is provided, thus providing sufficient stability and minimizing risks.

Official data shows that as of 16:30 on February 6, the total collateral of USDD was close to US$130 million, an excess of 1.23 times.

In the live broadcast, Justin Sun emphasized, " If you don 't understand USDD, you should regard USDD as a mirror Proxy ."

**APY subsidies up to 20%, and the fully decentralized USDD is

trustworthy**

During the live broadcast, Justin Sun analyzed that the 1:1 unlimited exchange for USDT at any time is silky, no perception, and no threshold. Using USDD on Tron TRON is no different from using USDT, except for the high interest rate.

How high is the interest? It is reported that the annualized income of USDD pledge activity T1 stage is 20%, and these incomes are derived from subsidies from Tron TRON. In addition, Huobi Earn Coin currently provides USDD current product interest rate hike subsidies for a limited time, and the adjusted APY is also 20%. It is reported that after Huobi Zhuobi launched the subsidy, the amount of USDD current products' existence increased by nearly 10 times month-on-month. This means that by depositing Huobi HTX or Justlend DAO directly into USDD, you can collect 20% of your interest rate steadily. Of course, users can also borrow USDT through USDD mortgage, exchange it for USDD and then pledge it or directly borrow USDD to deposit and amplify the income.

It is reported that the USDD equity address marked "LendSafeVault" TDrc3zH9wWufmQJyS7QLxBYH8GS27drW5N has deposited USDD worth $1,380,822.00.

During the live broadcast, community users are particularly concerned about the security of USDD 20% income subsidy. Justin Sun said bluntly, "How much is a completely decentralized stablecoin worth on the Tron TRON chain? Think about it, this is 60 billion Tron TRON. USDT’s only decentralized choice will understand the value of USDD.”

Speaking of USDD's application scenarios, Justin Sun revealed that USDD will first serve scenarios that USDT is difficult to support on the Tron TRON chain. At the same time, we will actively promote cooperation with centralized exchanges, such as Huobi HTX and Poloniex may support the use of USDD-USDT equal margin to enable contract trading, launch the one-click exchange of USDD function, and the USDD version of Yubibao. In addition, the cooperation between USDD and RobinHood is also being promoted.

Justin Sun also pointed out that it is only a matter of time before the Trump family's crypto project World Liberty Financial (WLFI) increases its holdings in USDD.

**Huobi HTX is developing strongly, $HTX is about to be launched in the

compliance institute**

It is worth mentioning that Justin Sun revealed in the live broadcast that $HTX will be launched on a large compliant exchange in the near future, and it will continue to empower $HTX in the future, which is difficult for other centralized exchanges to match.

In addition, when talking about the development of Huobi HTX, Justin Sun said that its currency listing strategy pays great attention to the wealth effect, and all currency listing decisions are entirely based on the team's independent investment and judgment. At the same time, it pays special attention to the efficiency of listing coins, which is a unique competitive advantage of Huobi HTX. Based on the above two points, Huobi HTX's development has maintained a strong momentum in the past two years. In the future, Huobi HTX and himself will focus on the AI ​​track and may launch AI projects.