I won't say that @RiverdotInc is a top team.

CN
13 hours ago

I can't say that @RiverdotInc is a top team.

But from my observations over the past few months, River is indeed a diligent team with a keen market sense. From the launch of River4FUN in May, the introduction of community features, to the current narrative reshaping and transformation into the first "chain abstract stablecoin" system, it all stands out.

The major issue faced by traditional stablecoins is liquidity fragmentation. USDT has $87 billion on Tron, but to use it on other chains, one must go through complex cross-chain operations. User assets are trapped in their respective ecological islands, unable to be efficiently allocated.

As the first step of the chain abstract system, River's full-chain CDP stablecoin satUSD has already been launched. Based on the LayerZero OFT standard, satUSD can operate seamlessly on 8+ chains, with over 30 partners—users can deposit collateral on any supported chain and natively mint satUSD on the selected chain. River's logic is not to reinvent stablecoins but to redefine the experience of stablecoins.

From the data:

TVL exceeds $600 million

Circulating satUSD exceeds $270 million

River's ambition goes beyond stablecoins. They are trying to build a "global on-chain account" that allows any asset to participate in value creation across ecosystems. In this vision, satUSD is just the first step.

I originally wanted to call on everyone to participate in River's limited-time deposit activity, but the $10M quota was filled in just 12 hours. The market heat is too high, and the speed of posting couldn't keep up.

It's my fault.

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