I researched the @RiverdotInc project, has anyone noticed it? It is not just another ordinary stablecoin. As the first chain-abstract stablecoin protocol, it is quietly rewriting the rules of asset circulation— in the era of everything on-chain, it truly allows assets to break the barriers between chains and freely seek profit opportunities.

The most noteworthy aspect of this project is its growth rate. The protocol's TVL surged to $70 million in just two months, and the circulating supply of the stablecoin satUSD reached $280 million, firmly securing the 24th position on the DeFiLlama stablecoin ranking. The previously launched $10 million USDT Smart Vault was emptied in 12 hours, which shows how much the market recognizes it.

The popularity of River has recently skyrocketed visibly.

The number of token holding addresses for $RIVER has exceeded 28,000, skyrocketing by 250% in just one day, with a 24-hour trading volume reaching 150 million USD. It ranks third overall on Rootdata, directly jumping to second place in the DeFi sector. In comparison to other projects during the same period, such as the 30 million USD trading volume of $0G 3 or the daily trading volume of several hundred thousand for some new projects on Bitget, the gap has widened significantly.

Even more significantly, River's newly launched institutional-level wealth management product, Prime Vault, has already accumulated a TVL of $250 million and is now open for institutional whitelist applications. It's worth noting that this product is aimed at professional institutions, with fund management handled by custodians, combining DeFi and real-world asset yield strategies. It can rely on assets like U.S. Treasuries as a foundation while also capturing excess returns on-chain, no wonder institutions are willing to pay for it.

From a 5700% increase since its launch on Binance IDO, to now becoming a bridge connecting traditional finance and the crypto ecosystem, River has proven its value with strength.
A project with such technological breakthroughs, strong data capabilities, and eager institutional participation is indeed worth focusing on.

Additionally, I'd like to mention that the whitelist application for Prime Vault is now open, so don't miss it.