USDD TVL surpasses $2 billion, with circulating volume reaching a new all-time high

ME News update, April 1 (UTC+8). According to official information, on April 1, the multi-chain decentralized overcollateralized stablecoin USDD’s total value locked (TVL) across the entire network officially surpassed the $2.0 billion mark, and its circulating supply also rose in parallel to $1.53 billion—both hitting new all-time highs. The synchronized growth of TVL and circulation indicates that the market’s ongoing recognition of its stability and application scenarios continues to strengthen.

After TVL jumped from $1.45 billion to $1.93 billion during the previous week, the momentum of USDD’s capital inflows continued, further solidifying its market positioning as a “USDT that earns interest.” As an overcollateralized stablecoin issued across multiple chains, USDD—leveraging the dual advantages of an “overcollateralization + PSM 1:1 redemption” mechanism and cross-chain compatibility—has demonstrated strong stability and user appeal amid market volatility. (Source: Tron Eco)

USDD0.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin