Wu said that after Sun Yuchen tweeted that USDD's TVL hit a new all-time high, crypto analyst Specter countered that the growth in TVL was not due to organic demand but was because of hacker money laundering. The analyst pointed out that to prevent funds stolen from KelpDAO from being frozen by Tether officials, North Korean hackers (DPRK) did not hold USDT but instead exchanged a large amount of stolen funds for USDD, thereby boosting USDD's on-chain data.

USDD-0.02%
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