Initially, I didn't have a particularly deep understanding of stablecoins like USDD. To put it simply, the key points are—must be stable, truly usable, and risk controllable. However, recent data that I uncovered has been quite eye-opening.

This operational mechanism has actually been quietly accumulating profits behind the scenes. The Smart Allocator module has already generated over $7.67 million in revenue, and when annualized, this number is quite impressive.

Stablecoins have evolved from passive value storage tools to products that actively generate returns, which is a pretty new concept. This also explains why some people didn't understand at first—because in traditional thinking, stablecoins shouldn't have such high expectations. But the reality is, the on-chain gameplay has far exceeded expectations.