Most traditional stablecoins rely on the US dollar system, but the new generation of asset-backed stablecoins break this convention. The core idea behind these products is to use cryptocurrencies like Bitcoin as the underlying support, rather than simply exposing to fiat currency risk.

Taking the recently attention-grabbing project as an example, it has pioneered a new approach. The 7% return designed by the project does not come from traditional yield farming or over-issuance, but is embedded within the product mechanism itself — this is the fundamental difference from common models. In terms of funding background, the project has received preferred equity support from strategic funds, which also indirectly verifies the sustainability of its asset framework.

This architecture opens up new options for users seeking Bitcoin exposure while needing stable value.