In the past month, stablecoins have experienced a minting boom, with USDD ranking in the top 6 with a minting volume of 2.8 billion
According to on-chain analyst Stacy Muur, citing the latest data from DefiLlama, the global stablecoin minting volume has exceeded $12.9 billion in the past 30 days. In the specific ranking, the decentralized stablecoin USDD ranks 6th with a minting volume of $2.8 billion, demonstrating strong growth momentum. Its strong performance follows DAI, USDC, USDS, and sUSDS, surpassing traditional stablecoin varieties like USDT, highlighting the market's new demand for decentralized, over-collateralized stablecoins.
USDD is a multi-chain decentralized stablecoin launched by the TRON ecosystem, currently issued on the TRON network, Ethereum Chain, and BNB Chain. Relying on the core PSM (Peg Stability Module), USDD achieves a 1:1 deep anchoring and efficient exchange. With its seamless compatibility with major DeFi protocols and multi-chain layout advantages, as of March 23, USDD's tvl-7532">total value locked (TVL) has officially surpassed $1.45 billion.
You may also like
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
