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Reading: Justin Sun’s New Stablecoin Just Entered Ethereum — And It’s Paying 12% Yield News ETHNews
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Justin Sun’s New Stablecoin Just Entered Ethereum — And It’s Paying 12% Yield News ETHNews

Last updated: September 9, 2025 2:10 am
Published: 6 months ago
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The protocol announces an Ethereum airdrop campaign offering tiered APY rewards up to 12% for USDD holders.

USDD has launched as a native token on the Ethereum blockchain. This decentralized stablecoin maintains its value at one United States dollar. Justin Sun, who established the Tron network, recognized this development as an expansion of choices for Ethereum users.

The launch took place on September 8, 2025. Security company CertiK completed a full audit before the deployment. The system includes a special module that allows direct exchanges between USDD, USDT, and USDC. This feature aims to provide consistent liquidity and stable pricing.

Ethereum’s decentralized finance ecosystem now supports this new stablecoin. Users can utilize USDD in lending services, liquidity pools, and yield farming activities. The development team has announced plans to introduce more features in future updates.

A new version called sUSDD will launch later. This variation will generate interest for holders through a decentralized system. Users will retain complete control over their digital assets through blockchain operations.

A reward program for Ethereum users begins on September 9. The distribution system uses a tiered structure based on the total amount of USDD held. Smaller holdings can receive up to 12% annual returns, while larger holdings receive approximately 6%.

Participation requires storing Ethereum-based USDD in any supported wallet. Rewards accumulate without manual intervention and can be collected every eight hours. The Merkl Dashboard provides the interface for claiming rewards and managing withdrawals.

Users must confirm the official contract address before any interaction. This verification step helps avoid contact with counterfeit versions.

TRON (TRX) is trading at $0.3319, registering a 0.62% gain in the last 24 hours, though down 1.06% over the past 7 days. The market capitalization is approximately $31.42 billion, based on a circulating supply of 95 billion TRX tokens.

Daily trading volume is reported at $812 million, showing consistent interest in the asset across centralized exchanges such as Binance, MEXC, and HTX.

Technically, TRX is maintaining a short-term uptrend, holding support above $0.328. The current price range between $0.3284 and $0.3354 reflects a narrow consolidation zone, with moderate resistance forming near $0.338-$0.34.

A breakout above that range could reestablish TRX above $0.35, which previously acted as a mid-term ceiling. A failure to hold the current support may bring the token back toward $0.318-$0.320.

In network developments, World Liberty Financial (WLFI) recently blacklisted wallets tied to TRON founder Justin Sun, following allegations of on-chain irregularities and asset manipulation.

This action has reignited debates around decentralization and governance within high-profile blockchain projects. Critics say the blacklist raises concerns about centralized power and transparency, while others argue that it reflects WLFI’s attempt to enforce stricter compliance.

Despite this controversy, TRON continues to expand its infrastructure. A new agreement between CoinEx Global and WINkLink Oracle was signed this week, aiming to strengthen TRON’s DeFi sector by enhancing access to reliable data sources for smart contracts. The partnership is expected to improve efficiency for developers building financial tools on the network.

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