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@9ytshade "@0x_beatrice @VisualCap @zk_bits @dav1dbtc @dant3_btc @licon_ston Yeah Amigo It checks all the boxes"
X Link @9ytshade 2025-10-14T09:47Z XXX followers, XX engagements

"It's clearly obvious that all these stablecoins - $USDC $USDT $DAI $USDe $FDUSD have one thing in common. They all depend on centralized bodies or fiat banking rails. But what if you could mint a dollar-pegged asset directly on Bitcoin L1 blockchain with no middleman mechanism like banks crosschain bridges or federations This is exactly what $UNIT is built by @Ducatstable with the vision of a fully Bitcoin layer X backing and collateralization from @dav1dbtc @zk_bits and @_4lex_4 in April 2024"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"@milzetx @VisualCap @zk_bits @dav1dbtc @dant3_btc @licon_ston lol gDucat Amigo"
X Link @9ytshade 2025-10-13T20:51Z XXX followers, XX engagements

"1. $USDC by @circle $USDC is fully backed on a 1:1 ratio by USD-denominated assets including cash held at regulated banks and short-dated U.S. Treasuries (via the @circle Reserve Fund managed by @BlackRock) with monthly audits by @Deloitte since 2022. It is commonly regarded as the most transparent regulated stablecoin operating across XX blockchains (@ethereum @solana @arbitrum and more) and supported by institutions like @Visa and @BlackRock. - As of Oct 2025 USDC registers $75.6B in market cap and $33.9T lifetime on-chain volume - $USDC heavily depends on centralized custodians (e.g. banks"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"In a brief summary Ducat Protocol is a Bitcoin Layer-1 system that lets users borrow a stablecoin ( $UNIT) against their $BTC collateral with zero custodial risk. We are talking about a fully decentralized stable coin with: - XXX% $BTC collateral. - Protocol enforced Over-collateralization of approximately XXX% and above. - Built directly on Bitcoin L1 Blockchain using Taproot and Bitcoin scripting. - Non-custodial because it leverages on an MPC (Multi-party Computation) key mechanism. - Onchain transparency with every verifiable vault. $UNIT is the first stablecoin native to Bitcoin no"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"2. $USDT by @Tether_to The oldest and most traded stablecoin is the $USDT powering over XX% of the global stablecoin market and backed by a mix of cash U.S. Treasuries ($127B+) gold Bitcoin and more. With an unmatched liquidity and wide adoption (Over $170B in market cap) - $USDT is the engine of crypto liquidity but with: - No full financial audit to date. - Only shady quarterly attestations. - Heavily dependent on a centralized body @Tether_to. This makes $USDT not as transparent as decentralization truly demands"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"@0x_beatrice @VisualCap @zk_bits @dav1dbtc @dant3_btc @licon_ston Followed back Amigo"
X Link @9ytshade 2025-10-14T09:47Z XXX followers, XX engagements

"Is Brevis an L1 project"
X Link @9ytshade 2025-10-14T13:29Z XXX followers, XX engagements

"Stablecoins are digital dollars designed to stay at $X but the way they hold that USD peg is not much of a difference amongst them. The X most common models shaping the market of stablecoins are: X. Fiat-backed: These are held in bank reserves. Example is the $USDC (USD Circles) and $USDT (USD Tether). X. Crypto-collateralized: These are backed by on-chain assets. Example $DAI now $USDS (USD Sky). X. Synthetic: $USDe (USD Ethena) falls under this model maintained by delta-hedging & derivatives trading. X. Bitcoin-collateralized: $UNIT by @Ducatstable which is fully backed by BITCOIN and built"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"4. $USDe by @ethena_labs Built by Ethena Labs $USDe commonly called the Synthetic Dollar maintains its $X peg through delta-hedged strategies long (buy) crypto assets $ETH and short (sell) perps on exchanges so the gains and losses balances each other. It is a yield-generating stablecoin earnings from funding rates and staking rewards averaging approximately XX% APY in 2024) - With a market capitalization of over $12B $USDe stands as a capital-efficient and yield driven stablecoin and has grown massively being among the largest stablecoins in 2025 But due to its synthethic nature of perps"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"Stablecoins have indeed become a cornerstone of the entire crypto ecosystem facilitating trillions of dollars in annual volume across trading DeFi (Decentralized Finance) and peer-to-peer payments as per an article from @VisualCap While most of these stablecoins rely on centralized custodians ( $USDC) fiat reserves ( $USDT) or synthetic mechanisms ( $USDe) emerging protocols like @Ducatstable aim to minimize these trust assumptions by creating a Bitcoin L1 fully backed stablecoin ( $UNIT). From an article updated Feb XX 2025 the most popular stablecoins include $USDT $USDC $USDe $DAI (now"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XXX engagements

"In summary Stablecoins began with banks ( $USDC $USDT) then moved partially on-chain ( $DAI $USDe and $FDUSD) and is now coming home to Bitcoin ( $UNIT). With each stage removing a layer of trust Ducat gives us a fully decentralized stablecoin with no links to any centralized system and this makes it the perfect stablecoin for DeFi interactions and peer-to-peer transactions as proposed by Satoshi in the Bitcoin whitepaper. When $UNIT scales Bitcoin will evolve from a store of value into a decentralized financial (DeFi) base layer a foundation for a new open economy. You can join the Ducat"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XXX engagements

"3. $DAI ( $USDS) by @MakerDAO now @SkyEcosystem $DAI is backed by on-chain collaterals like $ETH $WBTC and $USDC which helps keep its USD 1:1 peg through overcollateralization and smart contracts and this makes it permissionless. $DAI began as a fully crypto-native stablecoin but slowly evolved into a hybrid model balancing decentralization with stability and as of Oct 2025 $DAI is trading at over $8.2B market capitalization as per coinmarket On August 2024 It was later transitioned into the @SkyEcosystem $USDS - Same as the previous stablecoins we have discussed it still slightly depends on"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements

"5. $FDUSD by @FDLabseHQ Fully backed by cash and cash equivalent reserves $FDUSD is regulated in Hong Kong by The Hong Kong Monetary Authority (HKMA) and supported by @binance after $BUSD s phase-out. With a market capitalization of approximately $1B as of October 2025 $FDUSD uses attestations and transparency reports by its issuers to show backing and transparency in real time as per a tweet from their official account In April 2025 $FDUSD briefly depegged (fell below $1) and @FDLabsHQ redeemed approximately $26M in withdrawals after the event and this led to the loss of around $200M in"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XXX engagements

"Lets visualize the difference between these stablecoins architecture and models in the table below 👇 Of couse no design is flawless and $UNIT is no exception. So far all I can gather from multiple sources are its early challenges which includes: - $BTC volatility: To be able to mint $UNIT the Ducat Vault requires high over-collateralization ratio of around XXX% and above. - Limited liquidity and exchange integrations (for now because they are still in the Testnet phase). - Vaults Liquidation at a ratio below XXX% which I personally see as defense mechanism which actually ensures the solvency"
X Link @9ytshade 2025-10-13T20:24Z XXX followers, XX engagements