Stablecoins hit a new high again. Minting volume surpasses 718 million, and TVL is about to break into the 800 million range.

Since officially launching in February this year, the number of users participating in staking has never stopped. The key to attracting so many people lies in the PSN mechanism—that is, achieving truly zero slippage exchange between USDD and USDT. In other words, users don't have to worry about exchange costs.

This model indeed provides a sense of security. Since its launch, there have been no major issues, no de-pegging incidents, and no strange events. Instead of listening to various promises, it's better to look at the real data: the stablecoin pool size is steadily increasing, and user retention remains high.

The next clear goal is to reach 1 billion TVL. With this growth momentum, it doesn’t seem to be a distant dream.