The yield-bearing token sUSDD for the decentralized stablecoin USDD has seen significant growth on the Morpho lending protocol, with its total value locked (TVL) exceeding $47 million. Within a month of its launch, the sUSDD/USDT market's TVL surpassed $40 million, becoming the second-largest USDT lending market in the yield-bearing stablecoin sector, following sUSDS. Additionally, sUSDD has been integrated into Gauntlet Vaults, with borrowing demand and liquidity continuing to rise.
sUSDD TVL on Morpho Surpasses $47 Million
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