USDD TVL surpasses $2 billion mark, with circulating supply also reaching a new all-time high.

PANews reported on April 1st that, according to official sources, the total TVL (TVL) of the multi-chain decentralized overcollateralized stablecoin USDD officially surpassed the $2 billion mark on April 1st, with its circulating supply also climbing to $1.53 billion, both setting new historical highs. The simultaneous growth of TVL and circulating supply reflects the market's increasing recognition of its stability and application scenarios.

Following a surge in TVL from $1.45 billion to $1.93 billion in the previous week, USDD continued its inflow of funds, further solidifying its market positioning as an "interest-bearing version of USDT." As a multi-chain issued overcollateralized stablecoin, USDD leverages its dual mechanism of "overcollateralization + PSM 1:1 exchange" and cross-chain compatibility advantages to demonstrate strong stability and user appeal amidst market volatility.

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Author: PA一线

This content is for market information only and is not investment advice.

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