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USDD has launched the interest-bearing token sUSDD, offering a 12% APY.
Odaily News On October 6, the decentralized stablecoin USDD officially announced that its interest-bearing token sUSDD is now live. As an important component of the USDD savings system, sUSDD provides a decentralized and transparent savings mechanism, allowing users to achieve asset appreciation simply by holding it, without any additional operations. Users can now convert USDD to sUSDD, and after depositing, they automatically receive an Annual Percentage Rate (APY) of 12%, without the need for staking or lock-up positions. Funds can be deposited and withdrawn at any time, balancing flexibility and security. sUSDD relies on the trusted infrastructure of USDD, is fully on-chain traceable, and is committed to providing users with a secure, transparent, and user-friendly DeFi savings experience, which can be participated in through the original link.