USDD TVL Breaks $2 Billion Mark, Circulating Supply Hits Record High

Deep Tide TechFlow reports, on April 1, according to official sources, the total value locked (TVL) of the multi-chain decentralized over-collateralized stablecoin USDD officially surpassed the $2 billion mark on April 1, with its circulating supply simultaneously climbing to $1.53 billion, both reaching historic highs. The simultaneous growth in TVL and circulating supply reflects the market's increasing recognition of its stability and application scenarios. Following the previous week's surge in TVL from $1.45 billion to $1.93 billion, the inflow of funds into USDD continues, further solidifying its market positioning as the "yield-bearing version of USDT." As a multi-chain issued over-collateralized stablecoin, USDD leverages the dual mechanisms of "over-collateralization + PSM 1:1 exchange" and cross-chain compatibility advantages, demonstrating strong stability and user appeal amidst market fluctuations.