Stablecoins often play an underestimated role in the ecosystem. Taking USD1 as an example, it is not just a token within the ListaDAO system, but the value anchor of the entire ecosystem.

The operation logic of this stablecoin is straightforward: users can borrow USD1 by over-collateralizing with various assets. The cleverness of this design lies in the fact that the locked assets can continue to generate returns while users gain liquidity. The borrowed USD1 can be used for anything—trading, payments, or investing in other yield opportunities. For users, this means neither losing asset exposure nor sacrificing flexibility in fund management.

Why is this model competitive? Mainly because of cost. The low transaction fees of the BNB Chain, combined with ListaDAO’s refined risk control model, make borrowing costs significantly cheaper than other industry solutions. This advantage is especially evident in large-scale operations—every point of capital efficiency improvement translates into tangible gains for institutional investors.

From an ecosystem perspective, USD1 functions more like a connector. It bridges the world of crypto assets with traditional financial needs, serving as an important channel for protocols to break out of their niche. As application scenarios become increasingly diverse, the demand for USD1 will naturally grow, thereby driving the development of the entire protocol.

Of course, the biggest risk for stablecoins is safety. Adequate collateralization and transparent mechanism disclosures are not extras—they are basic requirements. The community’s confidence in USD1 largely stems from this sense of security—users are gradually accustomed to using it as a daily measure of value. Once this habit is formed, the resilience of the ecosystem will be significantly enhanced.