Ducat, a Bitcoin Layer 1-native credit protocol, has integrated its infrastructure with the TRON network, providing users with direct access to the largest USDT settlement layer in the crypto industry. The integration introduces wUNIT, a TRC-20 wrapped version of Ducat’s Bitcoin-backed dollar token, enabling direct swaps against Tether’s USDT through a dedicated liquidity pool on TRON. The protocol allows Bitcoin holders to deposit BTC into non-custodial vaults and borrow UNIT, a dollar-pegged token, with a 160% minimum collateralization ratio, a 135% liquidation threshold, and a 1% origination fee with no ongoing interest. TRON currently hosts 94 billion dollars in circulating USDT, representing the largest stablecoin deployment on any single network.
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