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CoinWorld.net April 1 News, according to official sources, on April 1, the total value locked (TVL) of the multi-chain decentralized over-collateralized stablecoin USDD officially surpassed $2 billion, with circulation also rising simultaneously to $1.53 billion, both setting new records. The synchronized growth of TVL and circulation scale reflects the market's continued increasing recognition of its stability and application scenarios.
Following a previous week where TVL jumped from $1.45 billion to $1.93 billion, USDD fund inflows have continued, further consolidating its market position as the "interest-bearing USDT." As a multi-chain issued over-collateralized stablecoin, USDD demonstrates strong stability and user appeal in market fluctuations through its dual mechanism of "over-collateralization + PSM 1:1 redemption" and cross-chain compatibility.