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USDD TVL surpasses $2 billion, with circulating volume reaching a new all-time high
ME News message, April 1 (UTC+8). According to official information, on April 1, the multi-chain decentralized overcollateralized stablecoin USDD officially broke through the $2.0 billion mark in total value locked (TVL) across the network, and the circulating supply also rose in tandem to $1.53 billion; both set 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 the previous week saw TVL jump from $1.45 billion to $1.93 billion, the momentum of USDD capital inflows continued, further solidifying its market positioning as a “USDT that earns yield.” As a multi-chain issued overcollateralized stablecoin, USDD, leveraging the advantages of its dual mechanisms of “overcollateralization + PSM 1:1 redemption” and cross-chain compatibility, has demonstrated strong stability and user appeal amid market volatility. (Source: Tron Eco)