USDD’s Total Value Locked (TVL) across all networks surpasses $2.0 billion, with circulating supply reaching $1.53 billion—an all-time high

USDD-0,15%

Gate News message, on April 1, the multi-chain decentralized overcollateralized stablecoin USDD’s total value locked (TVL) across the network surpassed $2.0 billion, and the circulating supply rose to $1.53 billion at the same time, with both setting new all-time highs. In the week prior, USDD’s TVL jumped from $1.45 billion to $1.93 billion, and the inflow momentum continued. As a multi-chain issued overcollateralized stablecoin, USDD uses a dual mechanism of “overcollateralization + PSM 1:1 redemption,” and has cross-chain compatibility.

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