On May 9th, the decentralized stablecoin USDD released its April 2026 Monthly Transparency Report. The report comprehensively discloses the month's supply, reserve assets, Smart Allocator yields, treasury data, and key ecosystem developments, reaffirming USDD's unwavering commitment to transparency, stability, and sustainable development.
The report indicates that USDD maintained its overcollateralization stability mechanism throughout the month, operating steadily overall, with continuously improving reserve transparency. Moving forward, the focus will be on enhancing stability, optimizing the yield system, upgrading transparency, and expanding the ecosystem. Continuing to be based on overcollateralization, adhering to on-chain transparency, and driven by ecosystem expansion, USDD aims to become a trustworthy stablecoin infrastructure in AI Agent economics and decentralized finance scenarios.
Key data shows impressive growth in both scale and resilience.
According to the report, the USDD supply steadily increased, peaking at 1.558 billion USDD during the month, a 10.87% increase from the end of March. As of April 30, 2026, the value of collateralized assets reached $2.16 billion, with an overall collateralization ratio of 146% at the end of the month, providing approximately $1.46 in asset backing for each USDD, maintaining a sufficient safety buffer. Smart Allocator generated over $2.46 million in new revenue during the month, distributing a cumulative total of over $14.81 million in revenue to users.
In addition, USDD Treasury's Q1 revenue reached $6.3 million, a 66.6% increase quarter-over-quarter, while expenses were $160,000, a 51.6% decrease quarter-over-quarter.
Optimized reserve structure and further improved multi-asset layout
On April 8th, USDD added two WBTC Vaults, allowing users to mint USDD on the TRON chain using BTC as collateral. This significant upgrade substantially increases the proportion of non-endogenous collateral assets, optimizes the reserve diversification structure, and enhances the system's stability under market volatility.
All core reserve assets, including TRX, sTRX, USDT, etc., are 100% verifiable in real time through public on-chain addresses, and the community can check the balance and fund flow at any time through the blockchain explorer.
Revenue generation capacity steadily increases, and ecosystem value continues to grow.
Smart Allocator, as a key yield-sharing mechanism for USDD, had accumulated $16,246,360 in profits by the end of April, with approximately $2,467,500 in new profits generated in April alone. Funds are diversified across mainstream DeFi protocols such as Spark, Morpho, and JustLend DAO, and are dynamically adjusted based on market conditions.
In addition, according to the Q1 treasury data disclosed in April 2026, total treasury revenue was US$6.3 million, an increase of 66.6% quarter-on-quarter; treasury expenditure was US$160,000, a decrease of 51.6% quarter-on-quarter; and the treasury balance was US$13.91 million, an increase of 77.9% quarter-on-quarter.
USDD's revenue generated through Smart Allocator is continuously used for ecosystem incentives. As of Q1 2026, approximately $14.81 million in rewards have been distributed to community users, and the company plans to further use the revenue for risk buffering, product expansion, and system stability improvement.
Transparency upgrades become part of AI and DeFi infrastructure
USDD continues to advance its transparency efforts, providing real-time on-chain data on its official website data dashboard (https://usdd.io/data) and Smart Allocator page (https://usdd.io/sa). Additionally, in April, support for the MCP function and machine-readable documentation for LLMs were added, allowing AI Agents to interact directly with USDD's core modules, further enhancing data accessibility and automation capabilities.
The official USDD report emphasizes that it will continue to build upon over-collateralization and adhere to on-chain transparency, deepening its multi-chain strategy and optimizing its yield system, aiming to become a trustworthy stablecoin infrastructure in AI Agent economics and decentralized finance scenarios.
