USDD TVL Officially Breaks $1.93 Billion, Setting Another All-Time High

Odaily News: According to official website data, the total TVL of the decentralized stablecoin USDD has surpassed $1.93 billion, growing by approximately $500 million within a week and once again reaching a new all-time high. Additionally, CMC rankings show that USDD currently holds the 9th position in the stablecoin market with a circulating supply of $1.408 billion, just behind RLUSD ($1.41 billion). This milestone further validates its market positioning as an "interest-bearing version of USDT" and highlights its strong stability and user appeal in volatile market conditions.

USDD is a multi-chain decentralized over-collateralized stablecoin launched by the TRON ecosystem and is currently issued simultaneously on the TRON network, Ethereum, and BNB Chain. In terms of mechanism design, USDD has established a dual security guarantee of "over-collateralization + PSM 1:1 redemption." Leveraging its seamless compatibility with major DeFi protocols and the advantage of its multi-chain deployment, it continues to attract capital inflows.