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USDD TVL breaks through the 2 billion USD mark, with circulating supply reaching a historic high
According to official news, on April 1st, the multi-chain decentralized over-collateralized stablecoin USDD officially surpassed a tvl-7532">total value locked (TVL) of 2 billion USD, with its circulation also rising to 1.53 billion USD, both reaching historical highs. The simultaneous growth of TVL and circulation reflects the market's increasing recognition of its stability and application scenarios.
Following a surge in TVL from 1.45 billion USD to 1.93 billion USD within the previous week, the inflow of funds into USDD continues, further solidifying its market positioning as the "yield-bearing version of USDT." As an over-collateralized stablecoin issued on multiple chains, USDD leverages a dual mechanism of "over-collateralization + PSM 1:1 exchange" and cross-chain compatibility advantages, demonstrating strong stability and user appeal amid market fluctuations.
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