USDD has secured the 6th position in stablecoin minting volume, reaching $2.8 billion over the past 30 days, according to data from DefiLlama. This performance highlights USDD's strong growth momentum in the decentralized stablecoin market. The stablecoin, part of the TRON ecosystem, is issued through over-collateralization of assets like TRX and USDT, and features a transparent reserve mechanism.
USDD's total value locked (TVL) surpassed $1.45 billion as of March 23, driven by its stable yield and multi-chain deployment model. This positions USDD as a competitive "yield-bearing USDT" alternative, reflecting increasing market demand for decentralized, over-collateralized stablecoins.
USDD Achieves $2.8 Billion in Minting Volume, Ranks 6th Among Stablecoins
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