According to the team’s blog post, the deployment went live Sept. 8, 2025, after a Certik audit, and includes a Peg Stability Module that lets users mint and swap USDD against tether ( USDT) and Circle’s USDC to support liquidity and price stability.

USDD’s team said it plans to introduce sUSDD, an interest-bearing version of the token that will let holders earn yield within a transparent, onchain savings system. An airdrop campaign for Ethereum users begins Sept. 9 with tiered annual percentage yield rewards that top out at 12% at lower total value locked (TVL), scaling down to 6% as TVL rises.

Eligible users need only hold the Ethereum-native token, with rewards accruing continuously and claimable every eight hours via the Merkl dashboard. Rewards are calculated from daily TVL snapshots, with consolidated withdrawals supported.

The announcement framed the Ethereum launch as part of a broader multi-chain expansion and positioned the network as a gateway to decentralized finance (DeFi) liquidity. USDD is linked to Tron and its founder, Justin Sun, who introduced the stablecoin on Tron in 2022 and has promoted its cross-chain integrations through the Tron DAO Reserve.

At publication, the project listed a contract address for the Ethereum deployment and directed users to an “Earn” page for details on incentives. The team said the rollout is the first step in a wider effort to expand utility while maintaining an emphasis on transparency and stability mechanisms such as the peg module.

“Ethereum is home to the largest community of developers, protocols, and liquidity in DeFi,” the USDD team remarked. “By deploying natively on Ethereum, USDD expands its utility and adoption across a broader ecosystem while maintaining its commitment to transparency, decentralization, and sustainable yield.”

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