Ducat integrates with TRON to enhance USDT settlement options for Bitcoin-backed dollar tokens

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Ducat, a Bitcoin Layer 1-native credit protocol, has connected its infrastructure to the TRON network, giving its users direct access to the largest USDT settlement layer in crypto. The integration introduces wUNIT, a TRC-20 wrapped version of Ducat’s Bitcoin-backed dollar token, enabling cross-chain transfers and swaps against Tether’s dominant stablecoin. How the plumbing works Ducat’s core product lets Bitcoin holders deposit BTC into non-custodial vaults and borrow UNIT, a dollar-pegged token, without handing their keys to anyone. The protocol requires a 160% minimum collateralization ratio. If a user wants to borrow $100 worth of UNIT, they need at least $160 in Bitcoin locked up. Fall below the 135% liquidation threshold and the protocol starts unwinding the position to protect the system. Borrowing carries a 1% origination fee with no ongoing interest. That’s a notable departure from most lending protocols, which charge variable rates that can spike during volatile markets. With the TRON integration, the newly created wUNIT token can be swapped directly against USDT inside a dedicated liquidity pool on the TRON network. Bitcoin collateral stays on the Bitcoin network the ent...

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