River's first USDT Smart Vault, with a quota of $10 million, was fully subscribed within 12 hours, with an expected annualized yield of 40%.

BlockBeats News, on September 11, River's chain abstraction stablecoin system opened its first phase of the USDT Smart Vault at 10:00 PM (UTC+8) on September 10 (East 8th District), with a quota of 10 million US dollars and an expected annualized yield of 40%. Within 30 minutes of opening, 6.7 million US dollars had been deposited, surpassing 9 million US dollars within 1 hour (UTC+8), and the full quota was reached within 12 hours.

The Smart Vault is based on the Omni-CDP mechanism. After users deposit USDT, they can earn yield with one click. The system will automatically mint satUSD and deposit it into the staking pool, integrating both DeFi and CeDeFi strategies to provide users with sustainable and stable returns without liquidation risk; at the same time, users receive River Pts as additional incentives. In the future, support for more assets such as BTC and ETH will be gradually added, and institutional-grade yield strategies will be opened.

In the past two months, River has accumulated over 600 million US dollars in TVL and over 270 million US dollars in satUSD circulation. Its stablecoin ranking on DeFillama has risen to 27, and it has already integrated with protocols such as Pendle, Euler, and ListaDAO.