AI earns good returns. However, currently DAI cannot be used as a means of payment, so it has not yet reached systematic development. The rapid expansion of $usual provides a paradigm-shifting example for the market. You have idle cash liquidity, which is not predictive; it simply provides funding to certain institutions such as Tether and Circle. Usual's idea is to rebuild something distinctive through Usual's model and paradigm to help us expand rapidly. For a protocol to prosper, it needs a large number of counterparties and collateral and needs to become a means of payment. But you can't do this from the start; you need other ways to expand.
Our expansion method is to give users the right to redistribute the value generated by stable coins, which is the first step of Usual's growth. It actually serves as a bridge built on cash liquidity and decentralized finance liquidity. We are very eager to establish some new forms of decentralized commercial banks, in a sense, you have liquidity because there is no difference between stable coins and liquid deposits in banks. Usual's plan is long-term and diversified, making Usual more like an ecosystem by establishing the value of products and providing various services beyond liquidity. Liquidity is key and is the first step in development, but you need to build new products on top of it to generate additional income, and this income is not just related to real-world asset returns. We all know that risk-free returns should decline over time, so ensuring Usual's sustainability and profitability is also very important.
Yoko: Many new stable coins or concepts similar to stable coins have emerged in the market. Although some projects claim they are not traditional stable coins in the conventional sense. The market has a very high demand for annual returns on stable coins and innovation, so we are also pleased to see more and more people focusing on the field of stable coins. This track was criticized by many in the past, but now the success of many projects in this track has also shown us the potential of Usual.
Many people ask what the current use cases for stable coins are. Stable coins can not only be used as collateral but also in different pools. The payment function is something everyone is very concerned about, but for emerging stable coins, payment functionality may not be the primary direction of development because it requires a large market size. Before reaching a sufficient scale, stable coins will be more used in other DeFi applications. In short, we are full of confidence in stable coins and their potential and look forward to collaborating with more people to jointly promote the development of this field.
In addition, we use RWA as the base collateral, which is a very good method. It can bring traditional financial funds into DeFi; without the influx of traditional financial funds, the overall amount of funds in DeFi would be very small. Later, we also plan to launch other innovative products like DAI0, so we hope everyone pays more attention.
