sUSDD's TVL on Morpho surpasses $47 million

USDD0,04%

ChainCatcher news, according to official data, the decentralized stablecoin USDD’s interest-bearing token sUSDD has achieved rapid growth on the decentralized lending protocol Morpho, with its TVL surpassing $47 million.

It is reported that within just one month of launch, the sUSDD/USDT market TVL exceeded $40 million, making it the second-largest USDT lending market in the yield-bearing stablecoin sector, second only to sUSDS.

Additionally, sUSDD has been integrated into Gauntlet Vaults, with lending demand continuing to rise and liquidity steadily increasing.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SoFiUSD Becomes Settlement Option Across Mastercard Network

SoFi Technologies and Mastercard have partnered to allow instant settlements using SoFiUSD, a fully cash-backed stablecoin. This integration enhances global payments and aims to expand stablecoin adoption through various use cases, including treasury apps and cross-border transactions.

CryptoFrontNews5m ago

a16z Crypto updates Jolt zkVM and questions the industry's misuse of the "ZK" concept

A16z Crypto releases a technical update, pointing out the industry's misuse of the "zero-knowledge" concept and emphasizing that a true zkVM must possess zero-knowledge properties, not just simplicity. As privacy demands increase, mixing concepts becomes problematic. A16z enhances the privacy capabilities of Jolt zkVM by introducing the NovaBlindFold folding scheme.

GateNews43m ago

Top Public Bitcoin Miner MARA Opens Door to BTC Treasury Liquidation

_MARA Holdings has expanded its 2026 BTC treasury policy to allow potential Bitcoin reserve sales. The move follows a volatile year marked by losses and rising costs._ MARA Holdings, the largest public Bitcoin miner by BTC held,

LiveBTCNews1h ago

Ripple Prime Enters NSCC Directory, XRPL Post-Trade Push

Hidden Road’s NSCC listing links traditional clearing rails with XRPL-based institutional settlement. Ripple plans to migrate Hidden Road’s multi-trillion-dollar post-trade flows onto the XRP Ledger. XRPL expands institutional use cases while developers warn users about rising NFT and

CryptoFrontNews3h ago

Vitalik: Ethereum should build a "shelter-type technology"

Vitalik expressed concerns on social media about the expansion of government and corporate power and the erosion of privacy. He suggested that Ethereum should be positioned as a "sanctuary technology," emphasizing the importance of open source and decentralization to support robust collaboration and value management.

GateNews3h ago

TRON Expands AI Strategy with Launch of Onchain ‘Bank of AI’ Financial Layer

TRON introduces Bank of AI that allows autonomous agents to pay, administer assets, and transact onchain without human intervention. Bank of AI will add x402 payments, 8004 identities, and DeFi access, which will enable developers to create AI agents that engage in real Web3 markets. TRON

CryptoNewsFlash4h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)