Original | Odaily Planet Daily (@OdailyChina)
Author | Golem (@web 3_golem)
Today, multiple cryptocurrency exchanges including Binance, Gate, BitMart, and others have successively announced the listing of the stablecoin United Stables (U). Previously, Huobi HTX had already taken the lead in listing U on December 18th, simultaneously launching a wealth management activity with an annualized rate as high as 20%.
United Stables (U) positions itself as a next-generation stablecoin built for trading, payments, wealth management, and an AI-native ecosystem, reintegrating liquidity scattered across different chains and different assets. It is currently live on BNB Chain and Ethereum, with a cumulative issuance of 409 million tokens.
In the current fiercely competitive stablecoin market, United Stables quickly attracted community attention, primarily because it has gained the endorsement of two top influencers in the crypto circle—CZ and Justin Sun. Since BNB Chain previewed the launch of a new stablecoin on December 16th, the community noticed that CZ and Justin Sun successively followed the official United Stables X account, causing its popularity to soar rapidly.
CZ and Justin Sun follow the United Stables(U) X account
On December 18th, crypto blogger Australian Lion Brother posted that CZ mentioned stablecoins extensively in that day's AMA and hinted that United Stables(U) is a second-generation stablecoin. These signs also led the market to speculate that CZ may be deeply involved with the United Stables project.
Interestingly, United Stables' co-founder Athena Y also has a "Binance background." According to Athena Y's personal account introduction, she is the co-founder of the United Nations Development Programme's "Made in Africa" initiative and co-founder of the stablecoin payment project Wello (supported by BNB Chain); the community uncovered another identity she hadn't disclosed: Athena Y previously served as the Executive Director of the Binance Charity Foundation (BCF), conducting multiple charity activities in Africa.
If CZ's support for United Stables(U) remains at the "verbal" level, Justin Sun is subsidizing it with real money. On the day United Stables(U) was listed, Huobi launched an Earn product with a 20% annualized yield. On December 19th, Justin Sun personally livestreamed with multiple KOLs to promote the stablecoin U, the cover featuring an animated image of him and CZ holding the "U".
The attire in this image is exactly what they wore during government activities in Pakistan on December 11th-12th. That day, CZ and Justin Sun took photos together with regulators; CZ was appointed as a strategic advisor to the Pakistan Crypto Committee, while Huobi received a compliance license from local regulators; afterwards, the two were photographed riding in a car together.
(In the picture, Justin Sun wears a golden vest, CZ wears a suit, tie, and white shirt)
The Stablecoin of Stablecoins
What are the unique features of United Stables(U) that earned it the favor of CZ and Justin Sun?
United Stables(U) can be called the stablecoin of stablecoins. According to official introduction, U is fully collateralized 1:1 by the US dollar and audited major stablecoins (such as USDT, USDC, and USD1). U also features real-time on-chain Proof of Reserves (PoR) and monthly audits. This structure not only enhances liquidity and reduces collateral asset volatility but also ensures users can always redeem quickly and transparently.
The total issuance of United Stables(U) is 409 million tokens, all of which are currently in circulation. According to DeFiLama data, although United Stables(U) supports both BSC and Ethereum chains, its entire current supply is issued on BSC.
In terms of ecosystem integration, U has integrated support for the vast majority of BSC ecosystem applications, including mainstream DeFi protocols like PancakeSwap, Aster, Four.meme, ListaDAO, etc. Users can directly trade, stake, borrow, and provide liquidity on-chain. Regarding wallet support, Binance Wallet, Trust Wallet, and SafePal have simultaneously listed U.
United Stables has stated that "U is born for the AI era," but no specific project developments related to this have been revealed yet.
