The landscape of global financial transactions is rapidly evolving, with stablecoins emerging as a dominant force, processing trillions of dollars annually in cross-border payments. This comprehensive review delves into BIITLAND, an educational platform focused on cryptocurrency, and susDE (Staked USDe), a yield-generating stablecoin. Our objective is to critically assess whether susDE possesses the attributes and widespread adoption necessary to become a leading solution for international crypto payments, especially when compared to established giants such as USDT and USDC. We will explore the technical nuances of susDE, its intended purpose within the DeFi ecosystem, and the various factors—including regulatory frameworks and practical limitations—that currently shape its utility in the broader payments sector.
BIITLAND.com positions itself as a robust educational and analytical resource within the cryptocurrency domain. Established in 2021 by a consortium of finance and technology professionals, the platform's primary mission is to demystify complex crypto concepts for a diverse audience. Their offerings include comprehensive educational materials covering Bitcoin fundamentals, intricate blockchain technologies, and cryptographic principles. Furthermore, BIITLAND provides essential market tools such as real-time price tracking and advanced trading analysis, alongside in-depth industry research that encompasses company profiles, use case studies, and regulatory updates. The platform also fosters community engagement through user-contributed articles, expert insights, and interactive discussion forums, aiming to cultivate a well-informed user base. According to their official statements, BIITLAND plans to expand its ecosystem beyond education, with a 2025 roadmap that includes the development of a native blockchain, NFT tools, and cross-chain decentralized exchange (DEX) features, aspiring to become a foundational 'operating system for blockchain'.
A critical distinction must be drawn between BIITLAND and susDE: susDE (Staked USDe) is a creation of Ethena Labs, entirely separate from BIITLAND's operations. This is crucial because susDE operates on a unique model compared to conventional stablecoins. Technically, susDE functions as a synthetic dollar, backed by crypto assets and short futures positions rather than traditional fiat reserves. Its core mechanism involves users staking USDe to acquire susDE, thereby earning continuous rewards. The value of one susDE token currently reflects accumulated yields, standing at approximately 1.18 USDe, with annual percentage yields (APY) fluctuating between 10% and 18% based on market conditions. The staking process is streamlined: users acquire USDe tokens, stake them on Ethena's platform, and receive susDE as proof of their stake, with yields accumulating automatically. Users can unstake their holdings at any time to reclaim USDe along with their accrued rewards. Despite a recent daily trading volume of $16.7 million, susDE's primary utility lies within decentralized finance (DeFi) applications, predominantly for yield generation rather than for facilitating direct payments.
The traditional banking system continues to present significant hurdles for international money transfers, including slow processing times (3-5 business days for wire transfers), high transaction costs ($25-75 per transfer), restricted operating hours, and complex, country-specific regulations. While cryptocurrencies like Bitcoin and Ethereum offer faster transfers, their inherent price volatility makes them unsuitable for everyday payments. This volatility created a demand for stablecoins, which now account for 3% of all global cross-border payments. Recent legislative developments, such as the 2025 STABLE Act in the United States and the MiCA regulations in Europe, demonstrate a growing recognition and attempt by governments to provide clear guidelines for stablecoin operations, signaling a maturing regulatory environment for these digital assets.
Although susDE was not specifically designed for payments, its underlying technology offers certain efficiencies. Transactions on the Ethereum network are relatively fast, completing within 12-15 seconds, and the system operates continuously, eliminating banking hours or weekend delays. Direct transfers mean no intermediate banks are required. Cost-wise, while Ethereum gas fees can range from $5-50 per transaction, the absence of traditional bank fees means potential savings of up to 80% compared to conventional wire transfers. However, susDE faces substantial limitations as a payment solution. It is legally restricted in EU and EEA countries and primarily optimized for yield generation, not transactional utility. Merchant adoption is nearly non-existent, and the staking process adds unnecessary steps for a typical payment. In contrast, market-leading stablecoins like Tether (USDT) and USD Coin (USDC) offer superior liquidity, extensive merchant acceptance, and simpler transaction mechanisms. USDT, with over $100 billion in market capitalization, is widely accepted globally, especially in Asia, and operates across multiple blockchains. USDC, boasting a $35 billion market cap, is favored by U.S. businesses due to its robust compliance and auditing frameworks. Other options like PayPal’s PYUSD and Ripple’s RLUSD are also emerging, but susDE's focus on high yields and a synthetic backing system positions it as a DeFi tool rather than a payment standard.
In practical application, stablecoins truly shine in areas where traditional finance struggles. Businesses utilize them for instant payments to suppliers, benefiting from transparent on-chain transaction tracking and significant fee reductions. For personal remittances, stablecoins allow individuals to send money home affordably, bypassing local currency issues and the need for traditional bank accounts. E-commerce also leverages stablecoins, with dedicated debit cards facilitating direct spending, while merchants benefit from reduced chargebacks and simplified international sales. In contrast, susDE's strengths lie purely within the DeFi ecosystem, where it serves as collateral for crypto loans, facilitates yield farming strategies, contributes to liquidity pools, and generates passive income. Its innovative synthetic model and high yield offerings make it attractive for DeFi participants seeking to maximize returns, but these very features make it less suitable for the rapid, widespread, and simple transactions required for everyday cross-border payments.
Ethena Labs has integrated several security measures to protect susDE's smart contracts, including third-party code audits, bug bounty programs, time-locked upgrades, and open-source verification, aiming to bolster the system's integrity. Despite these safeguards, users face inherent financial risks, particularly due to the complexity of the delta-neutral strategy, exposure to the volatile futures market, and the possibility of de-pegging events, none of which are covered by insurance. From a regulatory standpoint, susDE's exclusion from EU markets and its uncertain classification in the US significantly limit its mainstream adoption, highlighting a lack of comprehensive global compliance and banking protections that more established stablecoins possess. The process of engaging with susDE is relatively straightforward for experienced crypto users, involving wallet creation (e.g., MetaMask), acquiring USDe on a major exchange, and then utilizing Ethena’s staking platform, which offers a user-friendly interface and transparent yield tracking. Ethena also provides extensive support through community channels, email, FAQs, and social media. However, while direct costs for susDE transactions are mainly Ethereum gas fees ($5-50), and no staking fees are charged by Ethena, hidden expenses like price slippage on large trades, opportunity costs from locked funds, and potential tax implications on yield earnings must be considered. For a $10,000 international transfer, susDE’s costs ($10-30 plus staking complexity) fall between bank wires ($45-75) and other stablecoins like USDT/USDC ($5-20 network fees only), suggesting that while cheaper than traditional methods, it’s not the most cost-effective or simplest stablecoin for payments.
In essence, susDE offers compelling advantages for users seeking passive income through a decentralized, innovative stablecoin design that integrates seamlessly with various DeFi protocols. It removes the need for traditional banking intermediaries, providing a new approach to stablecoin functionality. However, these benefits are counterbalanced by significant disadvantages that hinder its utility in cross-border payments. Its adoption rate for direct payments remains low, and it faces strict geographic restrictions in key markets like the EU, making it a less viable option for widespread international transactions. The inherent complexity of its staking mechanism and its primary design focus on yield generation, rather than spending, further limit its practicality. Moreover, its exposure to futures markets introduces risks that are not ideal for a payment-focused asset. Looking ahead, Ethena's roadmap centers on multi-chain deployment, deeper DeFi integrations, and yield optimization, rather than actively pursuing payment processor partnerships or regulatory approvals that would ease its use in global transactions. The broader stablecoin industry, however, continues to grow, with central banks exploring digital currencies and private banks launching their own stablecoins, all pointing towards clearer global regulations and increased institutional adoption. This indicates that the future of cross-border payments will likely be dominated by simple, compliant, and widely accepted stablecoins that prioritize transactional efficiency over complex yield generation.
Ultimately, susDE is not poised to become the new benchmark for international crypto payments. While it excels as a tool for yield generation within the DeFi ecosystem, its design, regulatory limitations, and lack of widespread merchant acceptance preclude it from competing with established payment solutions like USDT and USDC. The core functionality of susDE is oriented towards maximizing returns for stakers, a goal that fundamentally differs from facilitating rapid, low-cost, and universally accepted cross-border transactions. Moreover, any confusion linking BIITLAND, an educational platform, with susDE, a product of Ethena Labs, further underscores the distinct roles these entities play in the crypto space. Therefore, for efficient and broadly accepted international money transfers, USDT and USDC remain the preferred choices. Conversely, for those interested in stable asset investment strategies that offer attractive yields, susDE presents a noteworthy option. The key is to select the right digital asset that aligns with specific financial objectives, recognizing that different stablecoins serve different purposes within the dynamic crypto landscape.