River aims to establish a chain abstract stablecoin system that allows users to store assets on Chain A and mint satUSD stablecoin on Chain B; creating a stablecoin system that doesn't require cross-chain or wrapping operations, enabling users to safely obtain yield opportunities across chains without selling their assets.
The capital dilemma in the multi-chain era
In the past two years, DeFi has accelerated its development, and the ecosystem has entered the multi-chain era:
300+ Layer2
30+ stablecoins
20+ LSD/LST based on BTC, ETH
It seems prosperous, but capital and liquidity are locked in isolated islands on their respective chains.
For example, if you mortgage ETH on Arbitrum and hold BNB on BNB Chain, participating in the same strategy often requires cross-chain transactions 2-3 times and exchanging assets through DEX, which not only incurs high transaction fees but also increases cross-chain risks.
Multi-chain brings choices, but does not facilitate efficient utilization of assets, and the value between ecosystems cannot flow naturally.
River chain abstract stablecoin system
Traditional stablecoins operate on a single chain and rely on third-party liquidity for cross-chain transactions; River has chosen a third path—chain abstraction.
The core lies in hiding the boundaries between chains, allowing users not to have to prepare capital and liquidity separately for different chains.
This is backed by the combination of LayerZero technology and the OFT standard:
Deposit BTC, ETH, BNB, LST on any chain
Native minting of satUSD on another chain
No need for cross-chain, no need for Wrapped, securely circulating in various ecosystems.
It's like having a globally accepted bank account, not needing to open an account in every country, and being able to settle, pay, and invest anytime.
River products are live, with a total locked value of $400 million
In the past two months, River's chain abstract stablecoin system has accumulated:
$400M+ TVL
$100M+ satUSD circulation
Supports BTC, ETH, BNB, LST deposits as collateral
Integrates 30+ protocols (Pendle, ListaDAO, Solv…)
Ranked first in CDP stablecoins within ecosystems like BNB Chain, Arbitrum, Hemi, BOB, etc.
This means that regardless of which chain the asset is on, your assets can be instantly activated and deployed in multiple scenario strategies.
Why do we need River now?
As of today, DeFi TVL has surpassed $150 billion, and the total market cap of stablecoins has reached $270 billion. Logically, the growth of market cap and TVL should lead to a more prosperous DeFi ecosystem, but the reality is:
More decentralized liquidity
Difficult asset transfers
Yield opportunities concentrated in a few protocols
The entry barrier for new users remains high
Amidst major DeFi, stablecoin giants, and even listed companies launching their own chains and building their own ecosystems, River's chain abstract stablecoin system is positioned to solve the liquidity fragmentation problem in multi-chain ecosystems, rather than joining new islands.
Chain abstract stablecoin? Linking multi-chain ecosystem liquidity and value circulation
River is not just a stablecoin; it is a technology that flips the traditional logic of asset liquidity with a 'full-chain native' approach.
You can fork Ethena's hedging strategy, the liquidation model of Liquidity, the minting mechanism of Usual Money stablecoins; but you cannot fork the underlying architecture of chain abstraction built by River.
All current stablecoins, in their design on day one, did not consider 'how to solve the integration problems of cross-chain assets, cross-chain liquidity, and cross-chain yield'; River's stablecoin satUSD has aimed for full-chain from day one, using the LayerZero structure and natively deploying the satUSD stablecoin system in OFT format, and so far, no corresponding similar products have emerged.
The smooth experience without cross-chain can be felt immediately, this difference in experience is like realizing the obsolescence of bank cross-border remittance when you first use cryptocurrency for peer-to-peer payments.
What River aims to do is not just issue a stablecoin, but to enable any asset in the world to participate in value creation, distribution, and circulation wherever it is needed without barriers.
Allowing every on-chain asset to flow to any user around the world.
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This article is provided by the official source and does not represent our stance or investment advice; readers must conduct their own due diligence.
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