On March 3, according to Morpho market data, the TVL (TVL) of sUSDD/USDT surpassed $60 million, surging from $40 million in just two weeks, representing a rapid 50% increase. Simultaneously, sUSDD became the second-largest USDT lending market on Morpho in the yield-generating stablecoin sector, second only to sUSDS.
Since its listing on Morpho at the end of January, sUSDD/USDT market liquidity and lending activity have significantly improved, demonstrating its enduring appeal as an "interest-bearing version of USDT." USDD officials stated that sUSDD's rapid growth on Morpho validates the potential of stable-yield strategies and deep integration with DeFi, and will continue to drive its penetration into more scenarios in the future.
