In the tumultuous deep sea of cryptocurrencies, most people are driving speedboats frantically chasing those elusive hundredfold golden dogs, trying to get rich overnight, but often find themselves shipwrecked in the storm. Meanwhile, I choose to be a steady diver, carrying an oxygen tank named USDD, quietly collecting those overlooked pearls in the tranquil depths of the market.
Many people ask me, in the era of 2025 where various Layer2 and AI tokens are thriving, why stick to stablecoins? My answer is simple: when everyone is gambling on uncertainty, the certainty of compound interest is the widest moat to the first 100,000.
Looking back on this journey, the process of earning my first 100,000 with USDD was not due to luck but rather a precise experiment in liquidity gaming and risk hedging.
If Bitcoin is likened to digital gold, then USDD in my strategy is more like a hydraulic jack in the financial realm. Its core logic lies in providing an extremely stable fulcrum through an over-collateralization mechanism in a volatile market. The early USDD was once questioned as a replica of UST, but after years of iteration, it has evolved into a diversified collateral asset supported by BTC, TRX, and a large amount of USDT. This structural transformation is akin to upgrading from a single-line connected circuit to a smart grid with an automatic fuse mechanism.
My path began with a deep understanding of its economic model. During the cycle from the end of 2024 to the beginning of 2025, I keenly captured the strong demand for liquidity within the TRON ecosystem. At that time, JustLend and SUN.io offered subsidies for USDD far exceeding those of mainstream stablecoins. But I did not blindly gamble; instead, I adopted a combination of triangular arbitrage and recursive lending.
In the first step, I exchanged the USDT in my hand for USDD at a 1:1 lossless ratio through PSM (Peg Stability Module). This step is like exchanging regular gasoline for high-performance racing fuel at a gas station, avoiding any slippage losses.
In the second step, I entered the automatic compounding pool of JustLend. Here’s a detail: I leveraged the market's inertia perception of USDD's premium by depositing USDD as collateral in the lending protocol, borrowing low-interest BTC or ETH, and then quickly selling them in the secondary market to exchange for more USDD to redeposit. This cyclical operation essentially shorts volatility and longs the earning capacity of stablecoins. In several months of 2025, this strategy's annualized yield once maintained between 15% and 22%.
The third step is the real finishing touch. In the liquidity mining of SUN.io, I chose the extremely smooth trading pair of USDD/USDT. Due to the high logical consistency between the two, there is essentially no so-called impermanent loss. This part of the operation is like opening a never-closing ATM in the digital world, where the reward tokens generated daily are quickly exchanged for USDD and reinvested to achieve true compounding.
However, in this field, merely looking at returns is not enough. The risk point of USDD lies in the transparency of its centralized endorsement. To combat this potential tail risk, I always keep an eye on the on-chain collateralization rate. As long as the collateralization rate drops below 120%, my warning system will automatically execute liquidation instructions. Fortunately, the USDD in 2025 has performed better than ever in terms of reserve transparency, and this certainty gives me confidence to invest heavily.
On the day I received my first 100,000, I did not feel the ecstasy of a gambler winning; rather, I felt a calmness after a mathematical logic had been validated. This process taught me that in the Web3 world, the highest-level play is not to predict the future, but to take advantage of the interest rate differentials in institutional design.
For investors who are still confused, my advice is: stop fantasizing about air coins. Observe those stablecoins supported by vast ecosystems, study their PSM mechanisms, and calculate their liquidation lines. When you learn to treat stablecoins as a production tool rather than merely a hedging asset, you will have already stepped onto the fast track of wealth growth.
The future cryptocurrency market will become more specialized. The alpha returns obtained by deeply understanding the underlying mechanisms will become the only way for retail investors to break through. Do not disdain stablecoins for moving slowly; in this battleground where who survives longer matters, slow is fast, and stability is winning.
This article represents personal independent analysis and does not constitute investment advice.
