According to TechFlow, decentralized stablecoin USDD announced that within 48 hours of the launch of the TRON DeFi Summer campaign, it has attracted over $100 million in net capital inflows, driving the TVL of USDD on JustLend DAO to surpass the $400 million mark, with growth momentum currently remaining strong.
According to previous reports, TRON DeFi Summer officially launched on July 6. USDD, in collaboration with JustLend DAO and Binance Wallet, launched the Summer Earn Plan. The event offers a total of $900,000 in rewards for participating users, running from now until August 5 at 07:59 (Singapore Time). Specifically, users who subscribe to USDD through JustLend DAO can not only enjoy the base APY but also participate in sharing a prize pool of 600,000 USDD.
