Semiconductor stocks were mixed in U.S. pre-market trading, with Intel rising nearly 5% while most storage and optical communication stocks declined.
According to BIT (bit.com) market data, ahead of Friday’s US pre-market trading, semiconductor stocks were mixed: Intel (INTC) rose 4.76%, Arm (ARM) gained 0.96%, and AMD (AMD) increased 0.41%; SK Hynix (SKHY) fell 2.93%, Micron Technology (MU) dropped 2.16%, Marvell Technology (MRVL) decreased 1.41%, and NVIDIA (NVDA) declined 0.72%. The storage sector saw broad declines: SK Hynix (SKHY) fell 2.93%, SanDisk (SNDK) dropped 2.19%, Micron Technology (MU) decreased 2.16%, Western Digital (WDC) declined 1.68%, and Seagate Technology (STX) fell 1.24%. Most optical communication concept stocks retreated: Nokia (NOK) dropped 2.15%, Astera Labs (ALAB) fell 1.99%, Credo (CRDO) decreased 1.86%, Ciena (CIEN) declined 1.14%, and Applied Optoelectronics (AAOI) fell 0.62%.
20 minutes ago
Suspected a16z address has staked 2.785 million HYPE tokens, worth approximately $164 million.
According to Mlm monitoring, a HYPE whale staked 2.785 million HYPE tokens via 20 wallets over the past 11 hours, worth roughly $164 million. The whale had previously accumulated 2.94 million HYPE tokens between September and October last year, currently valued at approximately $172 million, and ranks among HYPE’s largest holders. The whale may be linked to a16z, though this association has not been confirmed.
20 minutes ago
Intel's pre-market trading rose nearly 5% on the back of strong Q2 performance and Q3 guidance that exceeded expectations.
According to market data from BIT (bit.com), Intel (INTC) is up nearly 5% in pre-market trading, as its Q2 results were strong and Q3 guidance exceeded expectations.
20 minutes ago
Jiang Zhuoer: The CLARITY Act has only a 10% to 20% chance of passing, with major disagreements on ethical provisions persisting between the two parties.
Jiang Zhuoer, founder of BTC.TOP, stated in a post that the Clarity Act has only a 10% to 20% chance of passing, with major disagreements persisting solely on its ethics provisions. The proposal agreed by Trump only restricts the president and their spouse from engaging in crypto asset issuance, while Democrats demand including other family members and family entities in the restrictions. The two sides also failed to reach an agreement on law enforcement authority: Trump supports the U.S. Department of Justice (DOJ) being responsible for prosecuting violations, but Democrats argue the Attorney General is appointed by the president and demand granting state attorneys general the right to prosecute as well. Jiang believes that fully accepting the Democrats’ proposed restrictions would leave Trump with little incentive to sign the bill. Apart from the ethics provisions, multiple disagreements also exist in other parts of the legislation. The U.S. Congress will adjourn on August 7, with only around 10 working days remaining, leaving the procedural timeline extremely tight and making it difficult to bridge major divides before adjournment. He added that Congress’s session from September 14 to October 5 falls near the midterm elections, and lawmakers must also handle budget and appropriations agendas, with even a potential government shutdown risk. Democrats also lack the political incentive to push the bill through before the elections.
20 minutes ago
Bitget has completed dividend distributions for 63 stocks including Micron Technology and TSMC.
According to an official announcement, Bitget has completed the dividend distribution for 63 US stocks and ETFs, including rMU (Micron Technology), rQQQ (Nasdaq 100 Index ETF), and rTSM (Taiwan Semiconductor Manufacturing Company, TSMC). The platform has settled USDT dividends proportionally for users who held the relevant assets at the snapshot time, with the entire process automated—no user action is required. This distribution covers multiple asset categories including technology, semiconductors, communications, and index ETFs. Users can check specific details via: in the App, navigate to "Assets" → "Financial Records" → "Spot" → "Other" → "Dividends"; or on the Web, go to "Asset Overview" → "Spot Orders" → "Fund Flow" → "Other" → "Dividends". The final credited amount and timing shall be subject to the platform’s actual credit and page display.
20 minutes ago
Ethereum breaks through $1,900
According to HTX market data, Ethereum has broken through the $1900 level, with a 0.92% decline in the past 24 hours.
According to the latest compiled data on flexible savings and earning products at mainstream centralized exchanges (CEXs), stablecoin current yields on platforms like HTX, Binance, OKX, and Bitget show certain differences, with most products adopting a tiered interest structure: high returns for small amounts, reduced rates for excess sums. For USDT products: HTX’s 0–200 USDT tier offers the highest annualized percentage yield (APY) at 10%; Bitget’s 0–300 USDT tier yields 6.24%; Binance’s 0–200 USDT tier is 4.55%; OKX’s stands at 1.62%. Above the respective thresholds, HTX, Binance, and Bitget’s APYs drop to 1.95%, 1.55%, and 1.58% respectively. For USDC products: HTX’s 0–200 USDC tier has an APY of 8%; Bitget’s 0–300 USDC tier is 6.66%; Binance’s 0–200 USDC tier is 6.69%; OKX’s is 1.78%. Exceeding the thresholds, HTX, Binance, and Bitget’s rates fall to 2.75%, 1.69%, and 1.36% respectively. Additionally, for USDE current products: HTX offers APYs of 5% for the 0–1000 tier and 3% for amounts above 1000; Binance’s rate is 3.75%; Bitget’s is 3.70%. As for USDD current products, only HTX currently offers them, with a listed APY of 4.00%. For other U-based products, Binance’s 0–10,000 tier yields 8.54% APY, while HTX’s is 3.00%. Overall, current high yields on CEX stablecoin current products are mostly concentrated in small tiers, with yields dropping significantly for large sums. When comparing products, users should not only consider the nominal APY but also tier limits, supported currencies, platform rules, and product availability. Note: This data is compiled from official public pages of various CEX platforms for informational purposes only and does not constitute any investment advice.
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Venice AI updates its token economics: introduces a buyback mechanism and raises the supply cap for DIEM.
Venice AI has issued an announcement updating its token economics, with two primary changes: First, a new programmed burn mechanism: For every $100 worth of API credits purchased, $5 will be allocated to buy VVV on the open market and permanently burn the tokens. Second, DIEM’s supply target has been raised for the first time, from 38,000 to 40,000 (an increase of 2,000 units). The adjustment will be rolled out in phases, with the full target expected to be achieved by September 14.
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Trump Media Company prices exclusive early access to Trump’s posts at $100,000 per month.
According to the Financial Times, Trump Media & Technology Group is pitching a $100,000 monthly service to clients that delivers fast access to former President Donald Trump’s posts. Earlier reports noted that Trump Media would sell premium, faster access to posts on its Truth Social platform; the new service allows traders and investors to pay for real-time pushes of Truth Social content. This data feed service will launch next month for institutional clients, including high-frequency algorithmic trading firms.
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Cardano will hand over control of its core software to an external team starting in August.
Cardano developer Input Output will transfer control of key blockchain components—including Haskell nodes, the Plutus platform, and the Daedalus wallet—to external professional teams starting in August, as part of its multi-year decentralization initiative. Independent firms such as Se7en Labs and Teragone will oversee portions of the core infrastructure. At least three Cardano implementations will be maintained in Haskell, Rust, and Go, under community oversight and formal specification management. Cardano is currently grappling with weak network activity and a sharp drop in the ADA token’s price. Founder Charles Hoskinson framed the restructuring and ecosystem-related setbacks as necessary "growing pains" on the path to full decentralization.
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France blocks prediction market Polymarket.
French gambling regulator ANJ announced on July 17 that Polymarket’s website will be blocked in France, following its November 2024 ban on financial transactions with the platform. The ANJ stated that the site’s ongoing operation—with real-time updated odds for various events—qualifies as advertising. Even after banning French accounts from conducting trades on Polymarket, accesses to the platform from French internet addresses have continued to rise, reaching 578,751 visits in June.
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Meta is in talks with Anthropic over a computing power leasing agreement, with the potential deal valued at up to $10 billion.
According to The New York Times, Meta Platforms is in talks with Anthropic over a computing power leasing agreement, with the potential deal size reaching up to $10 billion for a two-year term. The negotiations remain in the early stages. Additionally, market data from BIT (bit.com) shows Meta's share decline has narrowed to 3%.
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Serenity: Its investment portfolio has posted a nearly 50% drawdown this month, and it firmly believes that the current round of adjustment is merely leverage-driven volatility, with its growth logic remaining intact.
Serenity posted a statement noting that their portfolio suffered a 49.4% drawdown this month, with main holdings concentrated in AI bottleneck sectors including memory, photonics, robotics, and upstream semiconductors. Serenity acknowledged pressure from the short-term market crash, but maintained that the volatility stems from liquidity and leverage rather than a breakdown in the structural growth logic of these fields.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
@BinanceWallet has officially added JustLend DAO to its DeFi interface, opening up direct access to TRON-based lending markets for the exchange's millions of users. The move, driven by @DeFi_JUST, connects retail capital to decentralized credit markets on @Trondao without requiring users to navigate third-party platforms.
What Users Can Now Access Through the integration, @BinanceWallet users can subscribe to a core set of @Trondao ecosystem assets directly within the wallet interface. Supported assets include $TRX, $JST, $WBTC, $SUN, and $USDD, the yield-bearing stablecoin native to the TRON network.
JustLend DAO is the leading decentralized lending protocol within the TRON ecosystem, with a total value locked (TVL) surpassing $8.16 billion and a user base exceeding 474,000. The platform offers lending, staking, and energy rental services, positioning itself as a comprehensive hub for both retail and institutional participants.
By combining lending, liquid staking for $TRX, and resource rental in one interface, JustLend DAO concentrates liquidity, improves capital efficiency, and helps bootstrap the broader TRON app economy with cheaper transactions and deeper credit markets.
A Protocol Built for Scale JustLend DAO is a TRON-powered money market protocol where interest rates are determined by an algorithm based on the supply and demand of TRON assets. Borrowing requires over-collateralization, with smart contracts automatically matching supply and demand. Interest accrues based on the TRON block production schedule, and automated liquidation mechanisms protect the lending pool when collateral values fall below required thresholds.
JustLend DAO, the largest lending platform on the TRON blockchain, unveiled its Supply and Borrow Market V2 (SBM V2) on June 17, 2026, adopting a new architecture that moves from shared pools to isolated collateral. JustLend has consistently ranked among the top five DeFi lending protocols globally by TVL.
JustLend DAO prioritizes user accessibility through features like flexible asset allocation and seamless integration with platforms such as Binance Wallet. The @BinanceWallet integration builds on that approach, removing friction for users who want exposure to TRON's lending markets without leaving their primary wallet environment.
Sources
OKX: JustLend DAO and TRON DeFi Overview
Cryptopolitan: JustLend DAO Rolls Out Isolated Lending Upgrade on TRON
JustLend DAO Official Documentation
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Analyst Oscar Ramos is doubling down on his bullish stance for XRP, warning that many will come to regret not going all-in on the asset.
This follows his earlier statement from two weeks ago, in which he urged investors to prioritize XRP amid shifting market momentum. Since that call, XRP has surged by more than 50%, validating his conviction.
XRP Surged 52.5% in Two Weeks Specifically, Ramos first advised making XRP a portfolio priority on July 10, just before the market’s latest breakout phase. At the time, Bitcoin had pushed to new highs and was helping to lift the broader altcoin market. XRP, benefiting from multiple positive developments, emerged as one of the top performers.
Since that tweet, XRP has rallied from around $2.40 to a high of $3.66 on July 18, a 52.5% gain in just two weeks. As of now, XRP is consolidating and trading at $3.49, still holding onto most of its gains, with a modest 0.85% increase in the past 24 hours.
Why the Rally Has Legs Notably, Ramos’ thesis is grounded in key factors beyond hype. His earlier tweet came amid a series of positive developments surrounding XRP’s ecosystem. These include Ripple’s push for institutional integration, the growing relevance of the RLUSD stablecoin, and mounting ETF speculation.
One major development was Ripple naming BNY as the official custodian for RLUSD, the XRP Ledger’s native stablecoin. The partnership aims to accelerate institutional adoption by linking traditional banking with blockchain infrastructure.
RLUSD, which uses XRP to settle fees, has also surpassed TrueUSD and Tron’s USDD, with a market cap exceeding $532 million.
XRP ETF Momentum and Whale Accumulation XRP also saw a flurry of ETF-related announcements during the same two-week period. ProShares was set to launch multiple futures-based XRP ETFs on July 14. Turtle Capital and Volatility Shares planned to follow with 2X leveraged versions on July 21.
As of press time, these products have not yet commenced trading. Their eventual launch would represent a major step toward making XRP more accessible to institutional investors, even as the SEC continues to delay decisions on more than ten pending spot XRP ETF filings.
Meanwhile, large holders are acting accordingly. Data from Santiment shows that the number of wallets holding at least one million XRP has reached record levels. These whales control more than 47 billion XRP.
Retail investors are also joining the trend. More recent data from Santiment shows that XRP’s climb coincided with the creation of 6,939 new wallets in a single day in July, the highest since March.
Also, Social media buzz has surged, with XRP capturing 5.5% of all crypto-related discussions, reflecting heightened retail interest.
“People Will Regret It,” Says Ramos For market watchers like Ramos, not prioritizing XRP amid this lineup of bullish factors could prove to be a major regret for crypto investors.
Indeed, some leading industry voices like Dave Portnoy are already publicly expressing remorse for fading XRP. Portnoy disclosed that he liquidated a $3 million XRP portfolio just before the coin surged by 60%.
However, not everyone agrees with focusing on a single crypto during this bull run. For instance, X user Nina argued that investors should avoid overexposing themselves to one asset and instead plan their strategies to mitigate risk.
Whether it is XRP or other cryptocurrencies, you should not invest all your money in one, you need to plan a strategy to avoid risks.
— NINA (@nina_NNLV) July 22, 2025
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
PANews reported on April 17th that USDD recently released its Q1 2026 performance data: Revenue reached $6.3 million, a 66.6% increase quarter-over-quarter; profit reached $6.14 million, a 77.9% increase quarter-over-quarter; expenses decreased to $160,000, a 51.6% decrease quarter-over-quarter; vault balance increased by 77.9% quarter-over-quarter on a disclosed basis; and total vault balance rose to $13.91 million. The performance growth was mainly attributed to the continued expansion of its ecosystem, collaborations with Binance Wallet, GateDEX, Bitget Wallet, and others, as well as improved capital efficiency resulting from the optimization of TRX and sTRX vault parameters.
At the same time, more diversified capital allocation has further enhanced the resilience of returns. While maintaining zero systemic risk, USDD is accelerating into a new stage of high-quality growth.
PANews reported on April 23 that HTX, a cryptocurrency trading platform, recently released an in-depth research report on USDD. The report indicates that the decentralized stablecoin USDD has completed its key transformation into an overcollateralized stablecoin, and its overall maturity has entered the same competitive range as DAI. Leveraging the TRON ecosystem and its multi-chain native deployment advantages, USDD is gradually becoming a new generation of decentralized stablecoin infrastructure that combines stability and yield.
The report provides a comprehensive and in-depth analysis of USDD from multiple dimensions, including its core competitive advantages, overall revenue ecosystem, security system, and competitive landscape, and highly affirms its sustainable revenue ecosystem and differentiated advantages.
PANews reported on April 24 that, according to official sources, the Smart Allocator for the decentralized stablecoin USDD has generated over $16 million in cumulative investment returns, demonstrating its strong self-sustaining capabilities and further strengthening its long-term competitiveness in the stablecoin sector.
Smart Allocator is USDD's yield-sharing mechanism. Users earn interest and platform rewards by participating in high-quality projects, and these returns are then shared with them. This mechanism emphasizes the stability and sustainability of yield sources, rather than relying on short-term high-yield strategies. Furthermore, its investment destinations and returns are kept transparent on-chain, allowing users to publicly query and verify them.
On-chain detective ZachXBT has shared details of the massive crypto Ponzi scheme that took over $150 million from unsuspecting victims before collapsing last week.
The Mechanics Behind The $150M Crypto Ponzi In a series of X posts, ZachXBT unveiled the details of a Ponzi scheme that had been operating under the DSJ Exchange (DSJEX), a fake trading platform, and BG Wealth Sharing, a fraudulent investment scheme, since 2025. The scam involved a fake CEO named Stephen Beard, a self-proclaimed professor who represented the platform to the public.
According to the Tuesday thread, DSJEX and BG Wealth advertised daily returns of 1.3%–2.6%, with referral commissions and rank-based bonuses. In addition, Beard pushed recruitment and fake trading signals through a group on Hong Kong messaging app BonChat.
BG Wealth’s member recruitment posts. Source: ZachXBT The Washington State Department of Financial Institutions (DFI) recently explained that investors used these trading signals on the DSJ exchange and were led to believe that the crypto investments were generating returns.
BG Wealth and DSJ claimed to be licensed by the US Securities and Exchange Commission (SEC), but the DFI found that neither of the forms filed by these companies indicated that they were registered with the SEC.
Thirteen regulators across five continents had issued public fraud warnings about the firms, including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Philippines’ SEC, and Washington’s DFI.
On April 23, US law enforcement seized one of BG Wealth’s domains as part of a joint operation conducted by Operation Level Up and the Scam Center Strike Force. However, the scam continued to operate for roughly another week.
Last Saturday, Beard posted a video affirming that DSJEX would soon go public and demanded a 12% “tax” on account balances as a prerequisite for the regulatory process. But the scammers had already disabled withdrawals by this point.
Tether, Exchanges Freeze $41.5M After the US authorities’ involvement, the malicious actors laundered over $92 million in crypto assets across chains. ZachXBT noted that the scammers regularly rotated between domains and hot wallets to evade law enforcement.
Between April 27 and May 3, the crypto funds were laundered through token swaps, bridging via Bridgers, Butter Network, and USDT0, wrapping and unwrapping USDD, and consolidation of transactions across hundreds of addresses.
The crypto sleuth traced the millions in outflows through a timing analysis, located Solana/Tron deposits to Binance, and found matching Tron withdrawals. Then, he provided details to the relevant parties, including Tether, the Binance security team, OKX, and US law enforcement.
As a result, Tether froze $38.4 million on May 4, while another $3.1 million was frozen at various crypto services and exchanges, bringing the total to $41.5 million.
Despite the significant recovery, the on-chain detective noted that the scam’s $150 million assessment is “likely significantly higher since the scheme has been operating since 2025, with thousands of victim exchange withdrawals identified.”
Ultimately, he advised victims of DSJEX and BG Wealth’s scheme to file a police report in their jurisdiction to aid global investigations and potential restitution from laundered proceeds.
The total crypto market capitalization is at $2.65 trillion in the one-week chart. Source: TOTAL on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
PANews reported on May 9th that decentralized stablecoin USDD announced the launch of its "High-net-worth Individuals Exclusive Program," designed to provide a dedicated value-added service system for high-net-worth users and deep participants in its ecosystem. Members of this program will receive periodic ecosystem benefits, including merchandise, gift packs, and whitelist privileges, as well as access to in-depth strategy content, ecosystem and market analysis reports, and direct communication with the official team.
The program is reportedly aimed at users with a single account holding 1 million USDD (or equivalent sUSDD). Eligible users can apply by sending a private message to the official X account @usddio, and will be accepted after asset verification. Successful referrals will also earn rewards.
TLDR: Justin Sun controls roughly 60 billion TRX tokens, representing 63% of the total supply in circulation. HTX acquisition allows Sun to channel user deposits into JustLend, using TRX as near-unlimited collateral. The Tron Inc. Nasdaq reverse merger lets Sun swap on-chain tokens for U.S. dollars without crashing markets. Sun’s WLFI investment created an off-exchange token swap that converts TRX exposure into tradable assets. Justin Sun’s financial maneuvers have drawn scrutiny after a detailed analysis revealed how the Tron founder may be converting illiquid TRX holdings into hard assets.
Crypto analyst Punk2898 outlined several methods Sun allegedly uses to manage his vast token reserves. Sun reportedly controls around 60 billion TRX tokens, valued at over $20 billion, but faces major liquidity challenges due to the sheer size of his position in the market.
The Mechanisms Behind Sun’s Liquidity Strategy Sun’s approach to managing TRX appears to draw lessons from the FTX collapse. According to Punk2898, FTX once held a large TRX position and could not aggressively sell it.
Instead, FTX continuously bought back TRX on secondary markets to support the price. It then used third-party platforms to collateralize the tokens and borrow stablecoins, creating a steady flow of liquid capital.
Sun’s acquisition of Huobi, now rebranded as HTX, appears to serve a similar function. Users deposit USDT into HTX expecting high-interest returns.
Those funds are reportedly channeled into Aave or JustLend to capture yield spreads. HTX then pockets the interest differential, while JustLend collateral remains largely in TRX — a token Sun controls in virtually unlimited supply.
The USDD stablecoin adds another layer to this structure. USDD is backed by 10.9 billion TRX and approximately 19.6 million USDT, supporting around 745 million USDD in circulation.
Sun uses TRX as collateral to mint USDD, which then attracts real dollar deposits through high annualized yields. This effectively turns his own tokens into a mechanism for pulling in external liquidity.
Sun’s investment in World Liberty Financial and the TRUMP memecoin also fits into this pattern. He reportedly invested over $40 million in WLFI, which then bought TRX in return.
Sun can liquidate his WLFI holdings freely, while WLFI holds TRX. The analyst described it as an off-exchange swap that heavily favors Sun’s position.
The Nasdaq Reverse Merger and Long-Term Conversion Plans The most direct conversion method came in July 2025 through a Nasdaq reverse merger involving Tron Inc. The deal essentially exchanged on-chain TRX tokens for a U.S. stock ticker.
U.S. stocks were issued to raise dollars, which were then used to buy TRX from Sun directly through over-the-counter trades.
Those TRX tokens then entered the Nasdaq company’s treasury, while the dollars went to Sun. The analyst compared this to Michael Saylor’s Bitcoin treasury strategy but with a key difference—Saylor buys existing Bitcoin, while Sun effectively creates TRX. The structure allows Sun to convert crypto holdings into Wall Street assets without crashing the open market.
Punk2898 noted that Sun’s core task, for years to come, remains converting his 60 billion illiquid TRX into Bitcoin and Ethereum.
Every strategy described feeds into that single objective. Each move builds infrastructure that slowly shifts value from TRX into harder, more widely accepted assets.
PANews reported on May 25th that decentralized stablecoin USDD announced a deep strategic partnership with smart economic infrastructure platform B.AI. The two companies will integrate DeFi and AI to jointly build a value transfer system adapted to general AI. This collaboration marks a key breakthrough for USDD in the field of AI payments and officially opens the prelude to the development of an AI-driven economic ecosystem.
Following the successful implementation of the collaboration, USDD will become the core payment network of the B.AI platform. Leveraging its advantages of stability, on-chain transparency, and high cross-chain efficiency, it will provide programmable on-chain settlement services for AI agents, addressing the shortcomings of traditional payment models. By combining the technological and ecosystem strengths of both parties, the entire process of AI agent identity verification, autonomous transactions, and value settlement will be realized, effectively lowering the barriers to the commercialization of AI.
Pendle Finance has unveiled support for sUSDD, the yield-bearing version of USDD, in a move that could broaden access to structured yield products for users across the TRON ecosystem and beyond.
In a post on X, Pendle described the launch of “sUSDD” as arriving on 27 August 2026 and said the market will come with $300,000 worth of exclusive USDD rewards. The announcement also noted additional $TRX airdrops for YT holders, adding another layer of incentive for users who choose to participate in the new market.
The launch brings one of TRON’s best-known ecosystem assets into Pendle’s fixed-yield and yield-trading framework. USDD, often described by supporters as Justin Sun’s preferred stablecoin, is a decentralized, over-collateralized stablecoin designed to maintain a 1:1 peg to the US dollar.
Its yield-bearing counterpart, sUSDD, is built to generate returns for holders by tapping into the protocol’s yield-sharing design. According to Pendle’s explanation, the yield on sUSDD is mainly powered by Smart Allocator, USDD’s yield-sharing initiative.
Under that system, capital from USDD’s cash reserve is deployed into investment opportunities intended to generate returns through interest and platform rewards. That means users holding sUSDD are not only exposed to the stablecoin structure itself, but also to the yield mechanics behind it.
Boosts, Fixed APY, and YT Airdrops Pendle also highlighted that USDD is available through its PSM, where users can swap USDT for USDD at a 1:1 ratio. Beyond that, USDD is backed by a basket of crypto assets that includes TRX, staked TRX or sTRX, and WBTC.
The broader backing structure is part of what Pendle is pointing to as it positions the new market as a fresh addition to its yield infrastructure. For Pendle users, sUSDD opens up three familiar routes. PT, or principal token, allows users to lock in a fixed yield on sUSDD.
YT, or yield token, gives traders a way to take a directional view on sUSDD’s future yield performance. LP participants can earn swap fees and $PENDLE rewards on top of the underlying yield.
In other words, the market is designed not just for passive holders, but also for users who want to express a view on yield itself. Pendle said the $300,000 in USDD rewards will be distributed across the market, helping boost yields across all positions.
The protocol also said the incentive structure will support an enhanced fixed APY through PT, above the native rate, which could make the market more attractive to users looking for predictability in return streams.
The added $TRX airdrops for YT users could also draw attention from traders willing to take on more variability in exchange for additional upside. Pendle said these airdrops will be distributed at key milestones and through other media interactions, suggesting that the incentives may continue to evolve after launch.
The launch is notable because TRON remains one of crypto’s oldest and most active ecosystems, while USDD is the only decentralized stablecoin natively deployed on TRON.
By bringing sUSDD to Pendle, the project is extending that ecosystem into a more advanced yield environment where users can trade, hedge, and structure exposure in ways that were not previously available. For Pendle, the integration appears to strengthen its position as a destination for yield experimentation.
For USDD, it adds another venue where the stablecoin can be used beyond simple holding or swapping. And for TRON users, the new market could offer a more flexible way to put stablecoin capital to work while tapping into both fixed and variable yield opportunities.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
PANews reported on May 29th that, according to official news, the sixth phase of the Strategy campaign, a collaboration between the decentralized stablecoin USDD and Binance Wallet, will officially launch on May 30th at 8:00 AM (Singapore time) and will run until July 19th at 7:59 AM. This phase of the campaign will offer a reward pool totaling $800,000 USDD equivalent. Users who deposit at least 100 USDT through the Binance Wallet Strategy section to participate in the USDD-USDT strategy will automatically be eligible to share in the rewards.
It is understood that current participants will automatically participate in the sixth phase of the event without needing to perform any further actions. The event entry point is the Binance Wallet Strategy page; for more details, please visit the original link.
PANews reported on May 31 that Gate DEX's Bonus Earn program will officially launch its USDD staking activity from 18:00 on May 31 to 18:00 on June 30 (UTC+8). Gate DEX users can earn a stable 4% APR and an additional 30,000 USDD by staking USDD or USDT on the BSC network using the USDD Earn protocol. Similarly, users can earn an additional 4% APR and 20,000 USDD by staking USDD or USDT on the ETH network using the USDD Earn protocol, for a total additional reward pool of 50,000 USDD. Rewards are settled daily based on individual staking percentages; the more you stake and the longer you stake, the greater the overall return. A special staking bonus program for smaller users is also running concurrently, with individuals potentially earning up to 200 USDD.
Gate DEX officially launched its Bonus Earning Zone on December 16, 2025. Gate DEX Bonus is a decentralized staking platform that supports staking various tokens and aims to provide users with a low-barrier, transparent, and fully on-chain asset appreciation method. Users can participate in Bonus Earning activities with a single click using their Gate wallet, enjoying flexible and diverse earning strategies and taking full advantage of on-chain profit opportunities.
PANews reported on June 9th that the decentralized stablecoin USDD released its May transparency report. Data shows that as of the end of May, USDD's total collateralized assets reached $2.2 billion, with a circulating supply of $1.44 billion. The overcollateralization ratio remained at 154.65%, demonstrating strong risk buffering capabilities. Furthermore, Smart Allocator's cumulative returns reached $18.34 million, with $2.1 million added in May, representing a month-over-month increase of 12.94%.
In terms of ecosystem progress, sUSDD has officially launched the Pendle fixed-income market, providing users with more income options; it continues to use a 100% on-chain verifiable reserve mechanism and promotes multi-platform incentive programs to accelerate ecosystem expansion.
USDD Smart Allocator cumulative investment returns exceed $20 million
PANews, June 24 – According to official sources, the Smart Allocator mechanism of the decentralized stablecoin USDD has generated cumulative investment returns of $20.016 million for users. Smart Allocator is USDD's yield-sharing mechanism, which strategically allocates funds into high-quality projects to earn interest and platform rewards, then distributes the returns back to users. All operations are conducted transparently and publicly on-chain.
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A new wallet withdraws 17,700 ETH from Binance, worth $28.58 million
PANews reported on June 8th that the decentralized stablecoin USDD officially announced the launch of the PT-sUSDD/USDT and PT-sUSDD/USDC markets on Morpho. Users can exchange USDT for PT-sUSDD on Pendle and then borrow USDT or USDC on Morpho by pledging PT-sUSDD.
This strategy is supported by Gauntlet. Currently, the relevant Vaults have low borrowing rates. Combined with the annualized return of PT-sUSDD, there is room for leverage operations. Theoretically, 10 revolving loans can yield an annualized return of nearly 30%. Users can participate according to their own risk preferences.
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