The total value locked (TVL) in sUSDD, the interest-bearing token of the decentralized stablecoin USDD, has surpassed $1 million. Launched on October 6, sUSDD enables users to convert USDD into sUSDD and earn a 12% annual percentage yield (APY) without the need for staking or locking their assets. This development is positioned as a significant advancement for DeFi, providing a more accessible and secure savings option for cryptocurrency holders.