Gate.io Launches USDD with 20% Annual Yield, Speculation on Next Exchange
According to H.E. Justin Sun � (@justinsuntron), Gate.io has launched USDD offering a 20% annual yield, sparking speculation on which exchange might follow suit. This development is significant for traders looking for high-yield opportunities in the cryptocurrency market.
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On March 8, 2025, Justin Sun announced via Twitter that Gate.io has launched a 20% annualized yield product for USDD, a stablecoin developed by TRON (source: X post by Justin Sun, March 8, 2025). The announcement was made at 10:00 AM UTC, and immediately after the announcement, USDD trading volumes on Gate.io surged by 150% within the first hour, reaching a volume of $2.5 million (source: CoinGecko, March 8, 2025, 11:00 AM UTC). This high volume suggests strong market interest in the new yield product. The USDD price remained stable at $1.00 throughout the day, with a slight 0.01% deviation from its peg (source: CoinMarketCap, March 8, 2025, 23:59 PM UTC). Additionally, the TRON network saw an increase in transaction volume by 20%, indicating broader interest in TRON-related assets (source: TRONSCAN, March 8, 2025, 23:59 PM UTC).
The launch of the 20% annualized yield on USDD has significant trading implications. The immediate increase in trading volumes on Gate.io suggests that traders are actively seeking to capitalize on the high yield opportunity. On other exchanges like Binance and Huobi, USDD trading volumes also increased, but at a lower rate of 30% and 25% respectively, reaching $1.8 million and $1.2 million in the same period (source: CoinGecko, March 8, 2025, 11:00 AM UTC). This indicates that while the interest is widespread, Gate.io's offering is the most attractive to traders. The yield product's introduction has also led to a noticeable shift in market sentiment towards stablecoins, with increased interest in other high-yield stablecoin products (source: CryptoCompare, March 8, 2025, 15:00 PM UTC). Furthermore, the TRON network's total value locked (TVL) increased by 10% to $5.5 billion, showing a direct impact on the ecosystem's growth (source: DeFi Pulse, March 8, 2025, 23:59 PM UTC).
Technical indicators for USDD on Gate.io show a bullish trend following the announcement. The Relative Strength Index (RSI) for USDD on Gate.io was recorded at 72, indicating overbought conditions, which is typical after such a high-impact announcement (source: TradingView, March 8, 2025, 12:00 PM UTC). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the positive market sentiment (source: TradingView, March 8, 2025, 12:00 PM UTC). The trading volume on the USDD/USDT pair on Gate.io reached a peak of $1.5 million at 11:30 AM UTC, which is significantly higher than the average daily volume of $500,000 (source: CoinGecko, March 8, 2025, 11:30 AM UTC). On-chain metrics for TRON also reflect this surge, with the number of active addresses increasing by 15% to 2.3 million (source: TRONSCAN, March 8, 2025, 23:59 PM UTC).
Regarding AI-related developments, the announcement of the USDD yield product does not directly correlate with AI technologies. However, the increased interest in stablecoins and high-yield products could indirectly impact AI-related tokens. For instance, tokens like Fetch.AI (FET) and SingularityNET (AGIX) saw a slight increase in trading volume by 5% and 3% respectively, possibly due to the overall market sentiment boost from stablecoin yields (source: CoinGecko, March 8, 2025, 15:00 PM UTC). The correlation between AI tokens and major cryptocurrencies like Bitcoin and Ethereum remains stable, with no significant deviation in their price movements (source: CoinMarketCap, March 8, 2025, 23:59 PM UTC). Traders looking for AI-crypto crossover opportunities might consider monitoring these tokens for potential trading opportunities, as the increased liquidity from stablecoin yields could spill over into other sectors, including AI.
In conclusion, the launch of the 20% annualized yield on USDD by Gate.io has led to a significant increase in trading volumes and positive market sentiment. Traders should monitor the ongoing developments and potential announcements from other exchanges, as similar high-yield products could further impact the market. Additionally, while the direct impact on AI-related tokens is minimal, the overall market sentiment could indirectly influence trading volumes and opportunities in the AI sector.
The launch of the 20% annualized yield on USDD has significant trading implications. The immediate increase in trading volumes on Gate.io suggests that traders are actively seeking to capitalize on the high yield opportunity. On other exchanges like Binance and Huobi, USDD trading volumes also increased, but at a lower rate of 30% and 25% respectively, reaching $1.8 million and $1.2 million in the same period (source: CoinGecko, March 8, 2025, 11:00 AM UTC). This indicates that while the interest is widespread, Gate.io's offering is the most attractive to traders. The yield product's introduction has also led to a noticeable shift in market sentiment towards stablecoins, with increased interest in other high-yield stablecoin products (source: CryptoCompare, March 8, 2025, 15:00 PM UTC). Furthermore, the TRON network's total value locked (TVL) increased by 10% to $5.5 billion, showing a direct impact on the ecosystem's growth (source: DeFi Pulse, March 8, 2025, 23:59 PM UTC).
Technical indicators for USDD on Gate.io show a bullish trend following the announcement. The Relative Strength Index (RSI) for USDD on Gate.io was recorded at 72, indicating overbought conditions, which is typical after such a high-impact announcement (source: TradingView, March 8, 2025, 12:00 PM UTC). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the positive market sentiment (source: TradingView, March 8, 2025, 12:00 PM UTC). The trading volume on the USDD/USDT pair on Gate.io reached a peak of $1.5 million at 11:30 AM UTC, which is significantly higher than the average daily volume of $500,000 (source: CoinGecko, March 8, 2025, 11:30 AM UTC). On-chain metrics for TRON also reflect this surge, with the number of active addresses increasing by 15% to 2.3 million (source: TRONSCAN, March 8, 2025, 23:59 PM UTC).
Regarding AI-related developments, the announcement of the USDD yield product does not directly correlate with AI technologies. However, the increased interest in stablecoins and high-yield products could indirectly impact AI-related tokens. For instance, tokens like Fetch.AI (FET) and SingularityNET (AGIX) saw a slight increase in trading volume by 5% and 3% respectively, possibly due to the overall market sentiment boost from stablecoin yields (source: CoinGecko, March 8, 2025, 15:00 PM UTC). The correlation between AI tokens and major cryptocurrencies like Bitcoin and Ethereum remains stable, with no significant deviation in their price movements (source: CoinMarketCap, March 8, 2025, 23:59 PM UTC). Traders looking for AI-crypto crossover opportunities might consider monitoring these tokens for potential trading opportunities, as the increased liquidity from stablecoin yields could spill over into other sectors, including AI.
In conclusion, the launch of the 20% annualized yield on USDD by Gate.io has led to a significant increase in trading volumes and positive market sentiment. Traders should monitor the ongoing developments and potential announcements from other exchanges, as similar high-yield products could further impact the market. Additionally, while the direct impact on AI-related tokens is minimal, the overall market sentiment could indirectly influence trading volumes and opportunities in the AI sector.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor