2025-12-31 12:26:11

2025 will be a bountiful year for the on-chain US debt ecosystem. Let's take a look at these developments:

🟣 In February, USDO was launched—a stablecoin backed 1:1 by U.S. Treasuries, allowing users to hold stable assets while earning Treasury yields. This idea is quite pragmatic, especially for institutional investors.

🟣 Initiated the Bills campaign to expand market coverage, bringing more players from the DeFi space and demonstrating the real potential of on-chain US debt yields.

🟣 Established the ecosystem ambassador program, gathering a group of community evangelists to promote the concept of RWA.

🟣 Partnered with a leading exchange to launch cUSDO via the MirrorRSV mechanism, making it the first on-chain yield-bearing collateral, instantly improving capital efficiency for institutional traders.

🟣 Further enabled institutions to hold cUSDO off-chain and earn yields through a bank-grade custody service provided by a top exchange, while retaining trading permissions—an elegant combination of traditional and on-chain solutions.

🟣 Top international custody institutions entered the scene as investment managers and primary custodians for the TBILL fund, adding credibility to the entire system.

🟣 Issued the EDEN token, aligning community interests with the project's long-term goals through an incentive mechanism.

🟣 TBILL received a S&P AA+ rating, which is a significant milestone—indicating that on-chain US debt products now meet institutional credit standards.

🟣 Revealed the RWA expansion blueprint, extending from stablecoins and yield products to payments and institutional applications.

🟣 Completed strategic financing, backed by major investors who believe in compliant RWA infrastructure.

🟣 cUSDO launched on Solana, bringing US debt yields into one of the most active ecosystems.

This year has mainly been about laying the groundwork, and the construction tasks have been well completed. The next focus is on how to scale. Thank you all for your support throughout this process.

RWA-0,36%

EDEN-2,33%

SOL-0,62%

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MevTears

· 4h ago

Wow, AA+ rating this time really held up, on-chain US debt might take off? --- USDO's design is quite interesting, stablecoins can still earn yields, institutions must love it to death --- Feels like they're telling a story again, when will large-scale users actually participate? --- With such high enthusiasm for Solana, whether cUSDO can really take off depends on the follow-up --- AA+ from S&P is a solid indicator, this time it's not just hype --- Another RWA project, it all depends on how the funding side pushes it forward --- Scaling is indeed the key, right now it's still institutions playing --- The entry of custodial institutions is definitely a signal, but where's the entry point for retail investors? --- The groundwork has been laid well this year, just worried about falling behind in the later stages --- Mirror RSV mechanism sounds complicated, whether it works in practice remains to be seen

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RuntimeError

· 4h ago

Even the S&P AA+ rating has been achieved, isn't this just playing around?

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MetaverseHermit

· 4h ago

Not bad, the AA+ rating this time is considered a breakthrough. --- Wait, can cUSDO truly become liquid on Solana? We need to see subsequent data. --- To put it simply, it's still laying the groundwork. The real test is whether this year we can attract genuine institutional investment. --- The logic behind USDO is essentially the tokenization of traditional finance on the blockchain, which is quite a practical approach. --- I like the Eco Ambassador program; it's much more reliable than air token promotions. --- The funding background is solid, but is it really that easy to scale RWA? --- S&P AA+ is indeed a milestone, but the road to compliance is still long. --- Expanding from stablecoins to the payment layer shows quite an ambition. --- The hype around improving capital efficiency is loud, but we’ll see real TVL data to prove it. --- It feels like a big chess game is underway, but whether the market will buy in is still uncertain.

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BearMarketNoodler