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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 network officially broke through the $2 billion mark, and its circulating supply also rose in tandem to $1.53 billion—both hitting historic highs. The simultaneous growth in TVL and circulating scale reflects that the market’s recognition of its stability and application scenarios continues to strengthen.
After TVL jumped from $1.45 billion to $1.93 billion over the previous week, the USDD capital inflow momentum has continued, further solidifying its market positioning as a “USDT that earns interest.” As an overcollateralized stablecoin issued across multiple chains, USDD leverages the advantages of a “overcollateralization + PSM 1:1 redemption” dual mechanism and cross-chain compatibility, demonstrating strong stability and user appeal amid market volatility. (Source: Tron Eco)