USDD Monthly Report February 2023

USDD
2 min readMar 9, 2023

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USDD in numbers:

Total Collateral: $ 1,238,657,550

TRX: 10,929,535,612

BTC: 14,040.6

USDT: 29,964,253

USDC: 39,719,839

Collateral ratio: 170.77%

Price USDD: $1.00

Holders: 131,043 addresses

DeFi and CeFi:

Feb 1st: Cetus listed the APT-USDD & USDD-USDC pools on Aptos.

Feb 2nd: The State of USDD Q4 2022 from Messari is live. A few key points are that the number of wallets increased by 8%, the volumes increased by 27%, and USDD is a significant part of DeFi on TRON.

Feb 2nd: USDD is live on HyperPay. Users can trade with low deposit fees and low exchange rates by using HyperCard.

Feb 3rd: Votium opened a new round of votes with USDD pools. The vlCVX holders can vote for USDD/3CRV and USDDFRAXBP and share a total reward of 15,000 USDD.

Feb 7th: USDD has a new USDD-USDT-USDC exchange pool on SUN.io.

Feb 9th: USDD launched on ONTO Wallet.

Feb 13th: USDD launched on the Multi-Chain Web3 Wallet Nabox wallet. Users can cross-chain swap on Ethereum, TRON, and BNB Chain.

Feb 15th: USDD is available on SushiSwap via the BitTorrent chain (BTTC). Users can participate in the brand new USDD/USDT and USDD/BTT yield farm pools and enjoy the juicy SUSHI and BTT rewards.

Feb 15th: Wombat Exchange launched a new USDD-USDC pool.

Feb 16th: USDD launched on Quest3 and became the reward token.

Feb 17th: Votium opened a new round of votes with USDD pools. The vlCVX holders can vote for USDD/3CRV and USDDFRAXBP and share a total reward of 18,000 USDD.

Feb 22nd: USDD launched on Assure Pro, a non-custodial wallet. Users can transfer, quote, swap their USDD on Ethereum, TRON, BNB Chain, Arbitrum, and Polygon.

Feb 24th: USDD pool is live on Quoll, which is a multichain yield hub powered by Wombat exchange and BNB Chain.

Rankings:

USDD remained in the TOP 3 of SUN.io’s Top Ranking APY for the month of February.

USDD ranked #3 in the Hot Tokens of SunSwap.

USDD ranked #3 in the TOP supply ($243.28 Million) and TOP borrow ($10.00 Million) on JustLend DAO.

Events:

Feb 8th: USDD was a part of the Huobi Trade to Earn event. Users can participate and earn USDT rewards.

Feb 13th: HyperPay organized an Airdrop event with 1,000 USDD rewards and 500 HyperCard Virtual.

Feb 14th: USDD launched a Valentine’s Day event with a 428 prize pool while sending Valentine’s greetings to users.

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USDD

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