TechFlow News: On April 1, according to official announcements, the total value locked (TVL) of the multi-chain, decentralized, over-collateralized stablecoin USDD surpassed $2 billion globally, while its circulating supply simultaneously rose to $1.53 billion—both setting new all-time highs. The concurrent growth in TVL and circulation reflects steadily increasing market recognition of USDD’s stability and real-world utility.
Following a prior weekly surge—from $1.45 billion to $1.93 billion in TVL—USDD continued attracting capital inflows, further solidifying its market positioning as the “yield-bearing version of USDT.” As a multi-chain, over-collateralized stablecoin, USDD leverages a dual-mechanism framework—“over-collateralization + PSM 1:1 redemption”—alongside cross-chain compatibility, enabling robust stability and strong user appeal amid market volatility.





