USDD has expanded its presence by launching natively on Ethereum as of September 8, 2025, accompanied by an airdrop campaign offering up to 12% APY. This strategic move aims to enhance transparency, cross-chain flexibility, and provide steady returns for users. The Ethereum-native launch allows users to mint, hold, and transfer USDD directly on the Ethereum network, minimizing counterparty risks associated with cross-chain bridges. Security is bolstered by audits from CertiK.
The launch includes a Peg Stability Module (PSM) to maintain liquidity and the dollar peg, with circulation surpassing 8 million units within four days, reflecting strong demand. A reward program with Merkl is running from September 9 to September 23. Additionally, USDD plans to introduce sUSDD, a savings-focused token, as part of its multi-chain strategy, with future deployments on other chains like BNB Chain.
USDD Launches on Ethereum with 12% APY Airdrop and sUSDD Token
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