USDD Monthly Report April 2023

USDD
3 min readMay 8, 2023

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USDD in numbers:

Total Collateral: $ 1,282,541,778

Total Holders: 130,132

Collateral ratio: 173.56%

Price USDD: $1.00

DeFi and CeFi:

April 3rd: USDD is available on OpenOcean, the DEX Aggregator. Users can swap their USDD on TRON, BNB Chain, Aptos, Ethereum, and Arbitrum.

April 4th: USDD is live on Coinhub. Coinhub is a Multi-Chain Wallet. Users can explore more Web3 and safely swap their tokens on all 11 USDD-supporting chains.

April 6th: USDD is available on Mises Browser, a Web3 mobile browser. Users can use extensions that support USDD directly on their mobile phones with the APP.

April 6th: USDD is the supported token for 2 new Stablecoin Exchange Pools on SUN.io. Users can easily exchange among the five major stablecoins: TUSD, USDT, USDC, USDD, and USDJ.

April 7th: Messari released its State of USDD Q1 2023. We can see from the first quarter of the year that the number of holders remained above 130,000, USDD’s Collateral Ratio is over 170%, and Q1 was a steady beginning of the year for USDD.

April 12th: USDD is available on FatPay Wallet. FaTPay Wallet is a cryptocurrency wallet that allows for the direct sending and receiving of cryptocurrency on Telegram.

April 13th, USDD‘s first round of incentive pool bribe is live on Velodrome, the central trading and liquidity marketplace on Optimism.

April 13th: USDD is available on SWFT Allchain Bridge. Users can now swap their USDD with over 800+ cryptos on TRON, Ethereum, and BNB Chain.

April 14th, USDD’s new round of voting on Votium started, Votiun is an incentives platform where vlCVX and veCRV holders can receive compensation from buyers interested in amassing voting power.

April 18th: TRONDAO Reserve’s PSM reopened the channel for USDC to issue USDD. Users can swap USDD, USDC, USDT, TUSD and USDJ at 1:1 ratio with no slippage and zero fee.

April 21st: A new USDD mining pool was launched on SUN.io. Users can now enjoy USDD 2pool (USDD+2Pool) LP mining with their USDD.

April 25th: USDD is supported by OKX Wallet (NFT, Wallet and DeFi). Users can transfer their USDD on TRON, Ethereum, BNBChain, Arbitrum, Polygon, and Optimism.

April 26th: USDD is live on Halo Wallet. Users can receive, send, and swap their USDD on Ethereum, Arbitrum, BNB Chain, and Avalanche directly on the APP.

April 28th: USDD-USDT incentive pool bribe is live on Velodrome, the reward pool to share for veVELO holders who participate is 1,000 USDD.

April 29th: USDD was part of a new round of votes on Votium. Users can participate in USDD3CRV and USDDFRAXBP Incentive pools vote.

April 30th: USDD is available on 8Pay. Users can pay salaries in USDD, transfer on BNB Chain, Polygon and Ethereum, and enable payments with the Shopify and Woocommerce plugins.

Rankings:

Week 1:

USDD ranked third on JustLendDAO’s Total Supply and Total Borrow ranking.

USDD pools ranked TOP in SUN.io’s LP APY Ranking.

Week 2:

USDD ranked second for Total Supply, and third for Total Borrow on JustLendDAO’s ranking.

USDD Pools ranked first on SUN.io’s LP APY Ranking.

Week 3:

USDD ranked TOP on SUN.io’s LP APY Ranking.

USDD ranked second for Total Supply on JustLendDAO.

The USDD/USDT Pool is the Top Stable Pool by APR on Velodrome.

Week 4:

USDD Pools are at the TOP on SUN.io’s Weekly LP APY Ranking.

USDD was third as Top Supply, and Top Borrow on JustLendDAO.

USDD is 10th on the TRON Top Projects Ranking according to CoinMarketLeague.com.

Events:

USDD was the designated reward for the APENFT feedback event. Users could give their feedback and share 100 USDD as reward.

USDD and Misses Browser organized a joined giveaway with a 300 USDD + 500 MIS reward pool.

USDD is celebrating the first USDD Anniversary and thanking all users with a giveaway. Users can participate and have a chance to share multiple prize pools on all our social platforms.

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USDD

USDD is the first over-collateralized decentralized stablecoin transparent and fully backed by mainstream digital assets at all times.