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BlockBeats News, February 2, recently, industry research institutions Messari and TechFlow both released reports and analysis articles, affirming the significant achievements made in the one-year anniversary of the USDD upgrade. They pointed out that USDD's strong growth is attributed to its multi-chain deployment and sustainable yield model. In the future, focusing on ecosystem integration and community governance will make USDD a solid financial infrastructure. Messari noted in its report that since the USDD upgrade, yield has been emphasized as the core strategy, providing above-market-average savings returns through USDD Earn and sUSDD, with sUSDD TVL exceeding $310 million. The issuance design balances demand and risk, relying on protocol mechanisms for enforced peg, with an average collateralization ratio of 112%, transitioning from subsidy dependence to collateral support. In addition, USDD TVL has surpassed $1 billion, entering the top ten stablecoins, with 462,000 holding addresses, demonstrating a clear user advantage. The upgrade shifted from algorithmic to over-collateralized, with open minting and PSM modules enhancing stability. The Smart Allocator has accumulated over $9 million in returns, positioning itself as an "interest-bearing version of USDT," giving it cross-cycle capabilities.

Glonghui, February 2nd｜The South African stock market recorded its largest drop since March 2020, plunging alongside the rapidly declining precious metals prices. On Monday, the Johannesburg Stock Exchange All Share Index once fell by 6.1%, with the precious metals and mining sub-indices leading the decline. Mining giants such as Sibanye-Stillwater, Gold Fields, and AngloGold Ashanti all saw drops of no less than 17%. After just ending an 11-month record rally, South African stocks are now being engulfed by a wave of precious metals sell-offs. Gold prices, which reached a high of nearly $5,600 in January, plummeted by 10% on Monday, briefly retreating to around $4,400 per ounce. Following a record 26% drop last Friday, silver prices plunged again by as much as 16% on Monday.

Jinse Finance reported that U.S. Treasury yields fell during the Asian session, retracing the gains in long-term yields from last Friday. The previous increase was triggered by President Trump nominating former Federal Reserve Governor Kevin Warsh to replace Jerome Powell as the chairman of the Federal Reserve. In addition to economic data, U.S. Treasury investors will also closely watch the Treasury Department's quarterly refinancing announcement. Deutsche Bank strategists noted in a report: "In Wednesday's refinancing statement, we expect the Treasury to reiterate its guidance to keep the size of nominal coupon-bearing bonds unchanged for the 'next several quarters,' while continuing to signal the possibility of future increases in issuance." According to Tradeweb data, the yield on the two-year U.S. Treasury note fell by 2.3 basis points to 3.502%, the 10-year yield dropped by 2.3 basis points to 4.217%, and the 30-year yield declined by 1 basis point to 4.862%. (Golden Ten Data)