River's first chain-abstracted stablecoin system: A third path for stablecoins, solving liquidity fragmentation with chain abstraction

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River aims to establish a stablecoin system with chain abstraction, allowing users to deposit assets on Chain A and mint satUSD stablecoin on Chain B; creating a stablecoin system that does not require cross-chain or wrapping operations, enabling users to safely obtain yield opportunities across different chains without selling their assets.

Capital Dilemma in the Multi-Chain Era

Over the past 2 years, DeFi has accelerated development, and the ecosystem has entered the multi-chain era:


·300+ Layer2 chains


·30+ stablecoins


·20+ LSD/LST based on BTC and ETH

It seems prosperous, but capital and liquidity are locked in isolated islands.


For example, if you collateralize ETH on Arbitrum and hold BNB on BNB Chain, participating in the same strategy often requires 2-3 cross-chain transfers and asset exchanges through DEX, which not only incurs high fees but also increases cross-chain risks.

Multi-chain has brought choices but hasn't promoted efficient asset utilization, and value cannot naturally circulate between ecosystems.

River's Chain Abstraction Stablecoin System

Traditional stablecoins operate on a single chain and rely on third-party liquidity when cross-chaining. River chose a third path—chain abstraction.


The core is to hide the boundaries between chains, allowing users to prepare capital and liquidity without separately preparing for different chains.

This is backed by the combination of LayerZero technology and OFT standard:


·Deposit BTC, ETH, BNB, LST on any chain


·Natively mint satUSD on another chain


·No cross-chain, no wrapping, safely circulate across ecosystems

It's like having a globally universal bank account, without needing to open a new account in each country, and still able to settle, pay, and invest at any time.

River Product Launched, Accumulated $400 Million Total Locked Value

In the past 2 months, River's chain abstraction stablecoin system has accumulated:


·Over $400 million TVL


·Over $100 million satUSD circulation


·Supports BTC, ETH, BNB, LST as collateral


·Integrated with 30+ protocols (Pendle, ListaDAO, Solv…)


·Ranked first in CDP stablecoin in ecosystems like BNB Chain, Arbitrum, Hemi, BOB

This means that regardless of which chain your assets are on, they can be instantly activated and deployed in multiple scenario strategies.

Why Do We Need River Now?

As of today, DeFi TVL has exceeded $150 billion, and the total stablecoin market value has reached $270 billion.

Theoretically, the growth of market value and TVL should bring a more vibrant DeFi ecosystem, but the reality is:


·More dispersed liquidity


·Difficult asset transfer


·Yield opportunities concentrated in few protocols


·High entry barriers for new users

Against the backdrop of major DeFi, stablecoin giants, and even listed companies launching chains and building their own ecosystems, River's chain abstraction stablecoin system is positioned to solve the liquidity fragmentation problem in multi-chain ecosystems, rather than joining new isolated islands.

Chain Abstraction Stablecoin? Connecting Multi-Chain Ecosystem Liquidity and Value Circulation

River is not just a stablecoin, but a technology that "natively across chains" to overturn the traditional logic of asset flow.

You can Fork Ethena's hedging strategy, Liquidity's liquidation model, Usual Money's stablecoin minting mechanism; but you cannot Fork River's underlying chain abstraction architecture.

Currently, all stablecoins, from day one, have not considered "how to solve cross-chain asset, cross-chain liquidity, and cross-chain yield integration"; River's satUSD stablecoin is a system that, from Day 1, targets a full-chain approach, using LayerZero structure and natively deploying satUSD stablecoin in OFT format, and to date, no similar product has emerged.

The seamless experience without cross-chain operations can be understood at first try, and this experience gap is like when you first used cryptocurrency for point-to-point payment and realized how outdated bank cross-border wire transfers are.

What River wants to do is not just issue a stablecoin, but to allow any asset in the world to participate in value creation and distribution without barriers, and circulate wherever it is needed.

Let every on-chain asset flow to any user globally.

Connect with value, flow with River

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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