The total value locked (TVL) of the decentralized stablecoin USDD has reached a new all-time high of $1.93 billion, marking an increase of approximately $500 million in just one week. This surge positions USDD as the 9th largest stablecoin by market cap, with a circulating supply of $1.408 billion, closely trailing RLUSD. USDD, launched by the TRON ecosystem, is a multi-chain, over-collateralized stablecoin available on TRON, Ethereum, and BNBChain networks. Its robust mechanism design, featuring over-collateralization and a PSM 1:1 redemption model, enhances its stability and appeal. The stablecoin's growth is further supported by its integration with major DeFi protocols and its strategic multi-chain deployment.