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USDD TVL surpasses $2 billion, with circulating volume reaching a new all-time high
ME News update: On 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 the circulating supply also rose in tandem to $1.53 billion, with both setting new all-time highs. The synchronized growth of TVL and circulating scale reflects that the market’s recognition of its stability and application scenarios continues to strengthen.
After its TVL jumped from $1.45 billion to $1.93 billion over the previous week, the momentum of USDD capital inflows has continued, further consolidating its market positioning as a “yield-bearing version of USDT.” As a multi-chain issued, overcollateralized stablecoin, USDD relies on the dual mechanisms of “overcollateralization + PSM 1:1 redemption” and the advantage of cross-chain compatibility, showing strong stability and user appeal amid market volatility. (Source: Tron Eco)