USDD officially launches WBTC Vault, opening a new channel for Bitcoin-backed minting

ME News Report, April 8 (UTC+8), the decentralized stablecoin USDD announced the launch of two WBTC Vaults on the TRON network, allowing users to use WBTC as collateral to mint USDD. This is an additional high-quality collateral option for USDD beyond the existing TRX, sTRX, and USDT Vaults, marking further diversification of the protocol’s collateral assets. WBTC, as the largest and most recognized Bitcoin tokenized asset by market value, significantly enhances the diversity and robustness of the USDD collateral pool. It is reported that the newly launched WBTC-A and WBTC-B Vaults have minimum collateral ratios of 150% and 130%, respectively, with minimum borrow amounts of $1,000 and $2,500. Users can also amplify their returns through two efficient strategies: one is leveraged long cycling, where they borrow USDD against WBTC collateral and then exchange for more WBTC on DEX to collateralize again; the other is cross-platform arbitrage, borrowing USDD and depositing it into high-yield mining pools to earn net profit spreads. The USDD team stated that the launch of WBTC Vaults is an important step in protocol diversification of collateral assets, enhancing security and user experience, and will further strengthen USDD’s market positioning as the “interest-bearing version of USDT.” (Source: PANews)