USDD officially launches Vault functionality on Ethereum, supporting ETH and WBTC collateralized minting.

TechFlow reports that on August 24, the multi-chain decentralized over-collateralized stablecoin USDD officially launched its Vault feature on Ethereum, enabling users to mint USDD using ETH and WBTC as core collateral assets. Building upon the previously released TRON chain Vault, this upgrade formally transitions the USDD Vault module into a dual-chain driven phase with ETH and BTC as dual-core mainstream collateral assets, providing more entry points for mainstream asset holders to participate in the USDD ecosystem.

In April this year, USDD successfully deployed the WBTC Vault on the TRON network, achieving the first Bitcoin-backed minting of USDD and establishing a pathway for BTC assets to enter the USDD yield ecosystem. The launch of this new Vault extends this capability to the Ethereum chain and broadens the collateral asset scope from BTC to ETH and other major digital assets. Operating in parallel with the existing Vaults on the TRON chain, this dual-chain architecture further diversifies USDD minting methods and capital application scenarios.