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USDD's 1st anniversary upgrade report gains industry recognition: TVL surpasses 1 billion, USDT interest-bearing version drives growth
BlockBeats News, February 2 — Recently, industry research firm Messari and TechFlow Deep Tide released reports and analysis articles respectively, affirming the significant achievements made during the one-year anniversary of the USDD upgrade. They pointed out that USDD’s strong growth is attributed to its multi-chain deployment and sustainable yield model. Focusing on ecosystem integration and community governance in the future will make USDD a solid financial infrastructure.
Messari stated in the report that since the USDD upgrade, the core strategy has emphasized yield. Through USDD Earn and sUSDD, it offers savings yields higher than the market average, with sUSDD TVL exceeding $310 million; the issuance design balances demand and risk, relying on protocol mechanisms for mandatory pegging, with an average collateralization ratio of 112%, transitioning from subsidy dependence to collateral support.
Additionally, USDD TVL has surpassed $1 billion, entering the top ten stablecoins. The number of token holders is 462,000, showing clear user advantages; the upgrade shifted from an algorithmic to an over-collateralized model, opening minting and PSM modules to improve stability. Smart Allocator has accumulated yields of over $9 million, positioning it as a “yield-bearing USDT” with cross-cycle capabilities.