Impact on the Market

Combining the characteristics of stBTC with the Delta hedging mechanism to support USDb's synthetic dollars brings multiple benefits to the BTC ecosystem, including:

• As a medium of exchange

• Providing a store of value

• Serving as a stable support asset

As a result, the "Internet Bond" integrates the stability of existing stablecoins. Users can use their USDb as collateral to exchange for stUSDb, thereby earning returns generated by the protocol. Thus, USDb not only serves as a key reserve asset but also supports DeFi applications requiring financial backing (such as stablecoin issuance), or as collateral in money markets.