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USDD TVL Exceeds $2 Billion, Circulating Supply Reaches New High

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USDD
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USDT
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On-chain data shows that USDD’s total value locked (TVL) surpassed $2 billion on April 1, 2026, with its circulating supply reaching $1.53 billion. MarsBit reports that TVL surged from $1.45 billion to $1.93 billion in one week, with inflows continuing. On-chain analysis confirms simultaneous growth in TVL and supply, as USDD strengthens its position as the 'yield-bearing USDT.'

HuoXing Finance reports that, according to official announcements, on April 1, the total value locked (TVL) of the multi-chain, over-collateralized decentralized stablecoin USDD officially surpassed $2 billion, while its circulating supply also rose to $1.53 billion—both reaching all-time highs. The simultaneous growth in TVL and circulating supply reflects increasing market confidence in its stability and real-world use cases. Following a surge in TVL from $1.45 billion to $1.93 billion within the previous week, USDD has continued to attract strong capital inflows, further solidifying its market positioning as the “yield-bearing USDT.” As a multi-chain, over-collateralized stablecoin, USDD leverages a dual mechanism of over-collateralization and PSM 1:1 redemption, combined with cross-chain compatibility, to demonstrate robust stability and strong user appeal amid market volatility.

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