The decentralized stablecoin USDD has released its May transparency report, revealing significant growth in its ecosystem. As of the end of May, USDD's total collateralized assets reached $2.2 billion, with a circulating supply of $1.44 billion, maintaining an overcollateralization ratio of 154.65%. This indicates robust risk management capabilities.
Additionally, Smart Allocator's cumulative returns increased to $18.34 million, with $2.1 million added in May, marking a 12.94% month-over-month growth. The ecosystem saw further expansion with the launch of sUSDD on the Pendle fixed-income market, offering users enhanced income opportunities. USDD continues to leverage a 100% on-chain verifiable reserve mechanism and multi-platform incentive programs to drive ecosystem development.
USDD Transparency Report: Circulating Supply Hits $1.44 Billion, Ecosystem Grows
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