In recent January, stablecoins have ushered in a coining boom. USDD ranks among the top 6 with 2.8 billion mints

According to chain analyst StacyMuur quoted the latest data from DefiLlama, the cumulative coinage volume of global stablecoins in the past 30 days exceeded US$129 billion. In the specific ranking, the decentralized stablecoin USDD ranked sixth with a coinage volume of US$2.8 billion, showing strong growth momentum. Its strong performance closely followed DAI, USDC, USDS and sUSDS, surpassing traditional stablecoins such as USDT, highlighting the new market demand for decentralized, over-collateralized stablecoins.<br /> As a decentralized overcollateralized stablecoin in the wavefield TRON ecosystem, USDD has a transparent reserve mechanism and efficient liquidity management through overcollateralized issuance of encrypted assets such as TRX, sTRX and USDT. On March 23, USDD's TVL officially exceeded US$1.45 billion, thanks to its stable income,"interest-bearing USDT" positioning and multi-chain deployment model.