USDD Maintains $1.44B Circulation and 154.65% Collateral Ratio with Zero-Slippage PSM Mechanism

USDC0.01%
According to ChainCatcher, decentralized stablecoin USDD reached $1.44 billion in circulation and exceeded $2 billion in total value locked (TVL) as of late May, with a collateral ratio of 154.65%. The protocol's Peg Stability Module enables 1:1 zero-slippage instant swaps with USDT and USDC, addressing traditional exchange slippage challenges for large transactions and volatile market conditions.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments