The decentralized stablecoin USDD has been launched on the Ethereum network, offering a 12% annual percentage yield (APY) incentive for holders of Ethereum-native USDD. Originally introduced by TRON DAO in 2022, USDD has become a prominent player in the decentralized stablecoin market. The 2.0 version, released in early 2025, features improvements in decentralization, community minting, and smart yield mechanisms, contributing to a total value locked (TVL) of over $600 million within six months. The deployment on Ethereum is designed to capitalize on the network's robust DeFi ecosystem, broadening USDD's reach and adoption. The USDD team also plans to expand its Smart Allocator to other blockchain networks, aiming to enhance accessibility and yield opportunities as part of its strategy to establish USDD as a leading decentralized stablecoin.