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

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Mars Finance reports that, according to official information, on April 1, the multi-chain decentralized overcollateralized stablecoin USDD’s total value locked (TVL) across the entire network officially surpassed the $2 billion mark, while its circulating supply also rose in tandem to $1.53 billion, with both setting new all-time highs. The synchronized growth of TVL and circulation indicates that the market’s recognition of its stability and application scenarios continues to strengthen. After its TVL jumped from $1.45 billion to $1.93 billion over the previous week, the momentum of USDD capital inflows has continued, further reinforcing its market positioning as a “yield-bearing USDT.” As an overcollateralized stablecoin issued across multiple chains, USDD leverages the dual mechanisms of “overcollateralization + PSM 1:1 redemption,” along with the advantages of cross-chain compatibility, demonstrating strong stability and user appeal amid market volatility.

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