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
Zuckerberg's Meta plans to re-enter the stablecoin market in the second half of this year
Odaily Planet Daily reports that, according to market sources: Mark Zuckerberg's Meta company plans to re-enter the stablecoin market in the second half of this year.
GateNewsBot2m ago
Meta plans to re-enter the stablecoin market by the end of 2026.
BlockBeats News, February 24 — According to CoinDesk, after the failure of Meta's (formerly Facebook) stablecoin project Diem, Meta plans to re-enter the stablecoin market by the end of 2026.
GateNewsBot3m ago
MoonPay introduces MoonPay Agents, enabling AI agents to independently access wallets, manage funds, and perform transactions
Cryptocurrency payment company MoonPay has launched MoonPay Agents, a non-custodial software layer that allows AI agents to independently access wallets, funds, and execute token transactions via a command-line interface. Users need to verify and fund their wallets first.
GateNewsBot43m ago
Grvt Preview: Major Announcement on February 26
Foresight News reports that the decentralized exchange Grvt has posted a tweet teaser announcing a major event on February 26.
GateNewsBot45m ago
Cipher Mining rebrands as Cipher Digital, transitioning from a Bitcoin mining company to HPC infrastructure
Cipher Mining, after rebranding as Cipher Digital, released its Q4 financial report with revenue of $60 million, below expectations, and the stock price dropped about 5%. The company expects to undergo a business transformation in 2025, shifting from Bitcoin mining to high-performance computing infrastructure, and has secured a signed capacity of 600 MW.
GateNewsBot1h ago
Bitcoin Treasury Empery Digital's major shareholder calls for "liquidating 4,081 BTC"! Urges CEO to resign immediately and a complete overhaul of the board of directors
Empery Digital, a Bitcoin treasury company, recently faced a governance crisis. The major shareholder holding 9.8% of the shares issued an open letter criticizing the management team, demanding the CEO step down and the entire board of directors resign, and to liquidate all Bitcoin assets. The major shareholder accused the management of extracting salaries with funds, affecting shareholder interests, and called for addressing the urgent need of shareholders to recover their capital. This incident highlights the challenges of corporate governance and shareholder value realization in Bitcoin companies.
動區BlockTempo1h ago
