Decentralized stablecoin USDD has released its June transparency report, revealing significant financial metrics. By the end of June, USDD's total collateralized assets reached $2.03 billion, with a peak circulation volume of $1.42 billion and an over-collateralization ratio of 149.35%. This demonstrates the stablecoin's robust stability and risk management capabilities.
The report also highlights that the Smart Allocator generated $2.16 million in new revenue for June, bringing cumulative earnings to $21.29 million. In ecosystem developments, Morpho launched the PT-sUSDD market and integrated with Singularry AI, while sUSDD's total value locked (TVL) on the Pendle market surpassed $30 million.
USDD June Report: Collateralized Assets Hit $2.03B, Earnings Surpass $20M
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