Decentralized Hyper-Collateralized Stablecoin USDD Now Supports Optimism Network

2 years ago

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Up to now, the total amount of USDD issued has exceeded 725 million, with a total pledge of over 1.228 billion USD, and the pledge rate is as high as 169.32%.

According to official news, the decentralized hyper-collateralized stablecoin USDD now supports the Optimism network.

Decentralized Hyper-Collateralized Stablecoin USDD Now Supports Optimism Network

Optimism is one of the largest scaling solutions on Ethereum, with a TVL of over $500 million and support for 97 protocols.

As the worlds first decentralized hyper-collateralized stablecoin, USDD has developed rapidly since its official launch on May 5, 2022. Up to now, the total amount of USDD issued has exceeded 725 million, with a total pledge of more than 1.228 billion US dollars, and the pledge rate is as high as 169.32%.

Currently, USDD has been circulated on 11 mainstream public chains, including TRON, Ethereum, BNB Chain, BTTC, Polygon, Arbitrum, Aurora, Avalanche, Aptos, Fantom, and Optimism.

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