Odaily Planet Daily reported on November 10th that the decentralized stablecoin USDD officially announced that the sUSDD–USDT and USDD–USDT liquidity pool rewards from PancakeSwap have been officially launched on Merkl, with a total reward pool exceeding 125,000 USDD. Users who provide liquidity on PancakeSwap can then claim their rewards on Merkl.

It is reported that the decentralized stablecoin USDD has been deployed on public chains such as TRON, Ethereum, and BNB Chain, with a TVL of $514 million and a circulating supply of $412 million. sUSDD is the interest-bearing token of USDD, offering an APY of up to 12%, allowing users to enjoy automatic and stable investment returns. Since its launch on October 6th, its TVL has exceeded $60 million.