2025-12-31 02:25:45

The competition among stablecoins ultimately depends on on-chain data. Recently, the performance of USDD has been noteworthy—its total supply has reached 618 million tokens, and TVL has surpassed the $660 million mark.

What do these numbers reveal? First, they indicate actual market recognition of its stability. A circulating supply of 618 million tokens shows that the market continues to anchor on this blockchain's stablecoin; this is not just hype created by marketing, but genuine capital preference.

Even more interesting is the relationship between TVL and total supply. What does it mean when the scale of custodial assets far exceeds the circulating supply? It reflects a very high asset coverage ratio and risk buffer space. In the stablecoin sector, such over-allocation is uncommon; typically, only projects with deep market trust can achieve this.

The accumulation of stablecoin settlement in the TRON ecosystem is transforming into tangible scale effects. From on-chain data, this is not short-term speculation but a true reflection of ecosystem strength. The stablecoin competition remains fierce this year, but projects backed by solid data will have a more stable momentum.

USDD-0.04%

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CodeZeroBasis

· 6h ago

Data doesn't lie, and this wave of USDD definitely has substance. The move to suppress supply with TVL indicates that TRON is serious.

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GamefiHarvester

· 6h ago

Data doesn't lie, but it doesn't tell the whole story either. The numbers for USDD are indeed impressive, but I wonder how much of that TVL is actual cash or just internal ecosystem circulation...

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SeasonedInvestor

· 6h ago

660 million TVL is no joke; this is true gold and silver trustworthiness.

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NFT_Therapy

· 6h ago

Data doesn't lie, but the market does. The USDD figures are indeed eye-catching, but it depends whether on-chain activity is real or just idle... I've heard the TVL surpassing the supply many times before, but ultimately it comes down to whether liquidity is deep enough. Talking about stability every day, but who guarantees that no one is pulling out during volatility? The story of the TRON ecosystem is well told, but I'm just worried it might be a flash in the pan. Let's wait and see the subsequent data; I trust the data, not the words. Wait, is this TVL number real-time? Or a snapshot at a certain timestamp... Basically, it's about who can last the longest; popularity comes quickly and goes just as fast. If you want true stability, at least wait until the next bear market to see if it can hold up.

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SchrodingerWallet

· 6h ago

Wait, a TVL of 660 million can be hyped as ecosystem strength? I remember the figures from two years ago being even more exaggerated... But to be fair, this super allocation mode is indeed rare, gotta admit. The data looks good, but I'm just worried it might be another case of double standards. The stablecoin track is fiercely competitive, and there are only a few that truly stand firm. TRON's ecosystem operations this time are somewhat impressive, I have to admit.

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