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.
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
Marc Zeller's ACI to Exit Aave in July Due to Governance Tensions
Gate News bot message, Marc Zeller's Aave Chan Initiative (ACI) will depart from Aave in July due to governance tensions, according to The Block. The ACI, which has been involved in Aave governance activities, is set to conclude its relationship with the protocol amid ongoing governance-related disa
GateNews42m ago
Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift
MARA, a Bitcoin mining firm, plans to sell more of its $3.6 billion Bitcoin stash to support its expansion into AI. After selling $413 million worth in 2025 and with fluctuating holdings projected, the strategic shift moves towards becoming a comprehensive digital infrastructure company.
Decrypt3h ago
XRP Ledger Developer Spotlights Biggest RLUSD Liquidity Pool Incentive - U.Today
Developer Panos Mekras highlights the appeal of Ripple USD (RLUSD) and the XRP Ledger through a new incentive program that has attracted $500,000 in liquidity. Despite this, XRP Ledger lags behind Ethereum in DeFi adoption and requires more support for growth.
UToday4h ago
Ripple Targets Traditional Banking With Major Expansion of XRP-Focused Ripple Payments Service - U.Today
Ripple is enhancing its Payments platform by introducing new features like custody management and virtual accounts, integrating traditional finance with digital assets. XRP serves as a bridge for liquidity, enabling instant and cost-effective transactions while underpinning new services on the XRP Ledger.
UToday4h ago
Chainlink Expands Ecosystem with 16 Integrations Across Six Services and Five Blockchains
Chainlink has expanded to 16 additional integrations this week, covering six services across five blockchains, including Arc, Canton Network, and World Chain.
Technical indicators suggest LINK still needs to clear major resistance before a stronger rally can begin.
Chainlink expanded its
CryptoNewsFlash4h ago
