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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.
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