According to Foresight News , citing the latest data from DefiLlama cited by on-chain analyst Stacy Muur, the global stablecoin minting volume exceeded $129 billion in the past 30 days. Specifically, the decentralized stablecoin USDD ranked 6th with a minting volume of $2.8 billion. Its performance closely followed DAI, USDC, USDS, and sUSDS, surpassing traditional stablecoins such as USDT.
USDD is a multi-chain decentralized overcollateralized stablecoin launched by the TRON ecosystem, and it is currently issued simultaneously on the TRON network, Ethereum Chain, and BNB Chain. In its mechanism design, USDD establishes a dual guarantee of "overcollateralization + PSM 1:1 exchange". As of March 23, the total TVL of USDD has exceeded $1.45 billion.
