USDD Celebrates 1-Year Upgrade with $1.4B TVL and Rewards

Decentralized stablecoin USDD celebrated the first anniversary of its 2.0 upgrade, which was completed on January 25, 2024. Since the upgrade, USDD’s total value locked (TVL) has surpassed $1.4 billion, with a circulating supply exceeding $1.1 billion. The yield-generating sUSDD has a TVL of over $324 million, and the project has reached over 462,000 wallet addresses. Cumulative earnings from its Smart Allocator have topped $9.5 million, with approximately $20 million distributed to the community over the past year.

To commemorate these milestones, USDD is launching a community event with a prize pool of 5,000 USDD, featuring activities such as proposal suggestions, story sharing, and AMA series, starting January 26, 2026. The project plans to shift from incentive-driven to usage-driven growth, introducing a points program, DAO governance, and product iterations. USDD aims to continue prioritizing security, transparency, and sustainability in its DeFi innovations.