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
Vitalik Buterin Says zk Tech Will Transform the Internet
Vitalik Buterin discussed at the ETH ChiangMai event the benefits of zero-knowledge proofs (zk) for privacy and scalability in blockchains and their broader applications. He envisions a privacy-focused upgrade for Ethereum, enhancing security and efficiency while maintaining interoperability.
CryptoFrontNews14m ago
AINFT user base exceeds 410,000
ChainCatcher News: AINFT reaches a new growth milestone, with the platform's total users surpassing 410,000.
AINFT is a Web3-native AI platform supporting multi-model AI capabilities and cryptocurrency payments. It is reported that AINFT has launched on-chain payment, identity, and DeFi financial products focused on AI Agents, with initial support for both TRON and BNB Chain.
GateNewsBot30m ago
Eric Trump reposts WLFI-related tweet again, seemingly responding to community questions
PANews February 23 News, Eric Trump reposted a WLFI-related tweet on the X platform again, seemingly responding to community questions.
Earlier, on-chain detective ZachXBT claimed that he would release a major investigative report on a highly profitable company in the crypto industry on February 26. Subsequently, WLFI experienced a short-term decline, and USD1 also briefly decoupled.
GateNewsBot1h ago
WLFI Team Members: This incident was an organized attack. USD1 is fully compliant and fully collateralized.
BlockBeats News, February 23 — Dylan (@0xDylan\_) from the core team of World Liberty Financial posted on social media that someone organized an "attack" against WLFI and USD1. USD1 is fully compliant and backed 1:1 with assets.
GateNewsBot1h ago
