2025-12-27 08:21:53

Recently, a major exchange launched a quite interesting stablecoin product, worth trying out.

In simple terms, you can exchange USDT in your wealth management account for this derivative stablecoin. The key is that its use cases are very flexible — it retains the income from flexible earnings, can be directly used as collateral for contract accounts, and the collateral value ratio is as high as 100%, maximizing capital utilization. It's like your idle funds playing a dual role — earning passive income while serving as trading margin, running both channels simultaneously.

The core highlight is the convenience of the exchange mechanism — you can instantly convert back to the native USDT in your wealth management account at a 1:1 ratio at any time, with zero liquidity pressure. This design maximizes capital efficiency for traders who like to hold both long positions and wealth management simultaneously.

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MevWhisperer

· 17h ago

Double returns sound good, but I'm worried it's just another scheme to cut leeks. --- 100% collateralization ratio? That number seems a bit too perfect, gotta be cautious. --- Earning passive income while trading at the same time sounds really tempting, but what about the risks? --- Is zero liquidity pressure true, or is it only during good market conditions? --- I trust the convenience of exchange, but is this stablecoin really stable? Let's wait and see. --- Maximized capital utilization, but at what cost? Nothing is free. --- Another "perfect product," I just want to ask if it will crash like those previous projects. --- It sounds a bit suspicious. Keeping flexible earnings while doing margin trading feels off. --- 1:1 exchange back to USDT? What if the exchange goes down? Who bears the risk? --- Interesting, but I always feel like good things don't come for free.

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AirdropHustler

· 17h ago

Oh no, I've seen this trick before, another "dual fund" marketing tactic. Be careful of leverage risks. --- A 100% collateralization rate sounds great, but it's actually risk transfer. Don't be blinded by the returns. --- Earning passive income + trading at the same time? Sounds good, but not everyone can handle it. Risk management awareness is necessary. --- 1:1 instant exchange is indeed good, at least it guarantees liquidity, more reliable than some locked-term products. --- Maximizing capital efficiency sounds fine, but ultimately retail investors lose when leverage is added. I'm tired of this trick. --- Products from top exchanges are indeed backed, but I still want to see actual user feedback before making a judgment. --- Double returns, double risks. The key is that most people forget the latter. --- This kind of design has been around for a while. Whether it's innovative or just repackaging old ideas remains to be seen. --- Zero liquidity pressure, thumbs up. The biggest worry is not being able to withdraw at critical moments. They did a good job on this. --- Maximizing capital utilization sounds appealing, but what I care about most is how to compensate if liquidation happens. --- Quite tempting, but I always think that if something seems too good to be true, it's worth considering why.

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just_another_fish

· 18h ago

Sounds nothing new; these types of products all follow the same套路. --- Wait, 100% collateral ratio? That sounds a bit suspicious... --- The dual-use funds are indeed quite attractive, but what about the risks? --- What is this high-yield, low-risk nonsense? I still don't believe it. --- Maximized utilization sounds good, but in reality, it's just leverage stacking. --- The 1:1 redemption at any time sounds too good to be true; feels like a trap. --- Even products from top exchanges aren't necessarily reliable; better to check more reviews first.

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GasFeeLover

· 18h ago

Double returns sound good, but is this exchange mechanism really stable? What if liquidity issues arise?

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