USDD market cap surges $12.8 million in a single day, ranking third among stablecoin issuers.

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USDD
$0.9983-0.07%
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The crypto market saw a major move as USDD’s market cap surged by $12.8 million on September 20. It now ranks third among stablecoin issuers, behind Ethena ($35.8M) and StablR ($18.7M). USDD’s circulating supply stands at $1.54 billion, placing it 10th in the stablecoin market. The protocol’s TVL is $2.29 billion. The cryptocurrency market continues to demonstrate strong activity in decentralized stablecoins.

Odaily Planet Daily reports, according to data from Token Terminal cited by the RWA Foundation, the decentralized stablecoin USDD experienced strong growth over the past week, with a single-day market cap increase of $12.8 million on September 20, ranking third among stablecoin issuers after Ethena ($35.8 million) and StablR ($18.7 million).

Currently, USDD has a circulating supply of $1.54 billion, ranking 10th among all stablecoins, with its protocol TVL reaching $2.29 billion.

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