Once, stablecoins were like an invisible pipeline system in the crypto ecosystem—only noticed when it broke. But recently, the situation has changed. As more and more people treat on-chain balances as everyday funds, the importance of US dollar liquidity has shifted from an exclusive need of arbitrageurs to a universal necessity. A project aims to address this shift with a new approach: obtaining US dollar liquidity without selling the assets you truly want to hold. The method is actually simple: lock in the assets you already own, then mint USDf (a over-collateralized synthetic stablecoin). This way, you can retain your original position while gaining on-chain liquidity support. For users who are long-term bullish on certain assets but need US dollars in the short term, this mechanism opens up new possibilities.

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MemeKingNFTvip
· 3h ago
It's the same old trick of collateralized minting... Nicely called liquidity, but frankly it's just disguised lending.
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PonziDetectorvip
· 3h ago
Wow, isn't this just the idea of borrowing money without taking a loss? This should have existed a long time ago.
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Gm_Gn_Merchantvip
· 3h ago
I've seen this trick before, it's just collateralized lending with a different name, and it requires over-collateralization. It might turn out to be another liquidation trap.
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