USDD Q4 2025 performs excellently, on-chain financial scale expansion begins to show results

Recently, the decentralized stablecoin USDD disclosed its financial report data for Q4 2025 (see USDD Treasury Dashboard, updated quarterly). The data shows that USDD achieved a revenue of $3.78 million and a surplus of $3.15 million this quarter, with the treasury balance steadily increasing to $7.47 million, demonstrating robust overall performance. This achievement not only confirms that the on-chain financial system has transitioned from an "emerging concept" to a critical phase of scaled expansion but also highlights USDD's strong sustainable development capability.

Dual Drivers of Scale Expansion and Efficiency Improvement, Profitability Foundation Continues to Strengthen

The growth of USDD this quarter primarily stems from the synergistic efforts of market expansion and operational efficiency. On one hand, the protocol continues to advance its multi-chain strategic deployment, significantly broadening the liquidity and application scenarios of assets, which directly drives the accelerated growth of overall market value and protocol revenue. This expansion strategy effectively attracts continuous external capital injection, thereby steadily increasing the scale of collateralized assets and opening up broader space for future revenue.

On the other hand, the core profitability of the protocol has been substantially enhanced. The increase in Total Value Locked (TVL) directly translates into an expansion of asset deployment scale, making the sources of protocol revenue more solid. Among them, the earnings from the Smart Allocator are showing accelerated growth, which not only highlights the protocol's precision in asset allocation but also verifies its refined operational effectiveness in asset utilization efficiency. The dual empowerment of scale and efficiency is continuously solidifying USDD's profitability foundation.

Robust Risk Control and Ecological Construction, System Health Significantly Improved

While expanding in scale, the health and security of the USDD system have also reached a new level. A positive signal is that the proportion of liquidation auction revenue has decreased this quarter. This change is mainly attributed to the official launch of the CDP risk warning mechanism (such as email notifications), combined with the gradual enhancement of users' self-risk management awareness, leading to more prudent user position management and a reduction in the overall risk level of the system.

More critically, under a strict proactive risk control framework, USDD maintained its excellent record of "zero bad debts" this quarter, fully validating the effectiveness of its risk control mechanism and the extreme stability of system operations. At the same time, USDD has increased its strategic investments in mining incentives, daily operations, and ecological cooperation this quarter, which effectively stimulated user growth and liquidity improvement, laying a solid foundation for the long-term prosperity and sustainable development of the ecosystem.

In summary, USDD's impressive performance in Q4 2025 not only showcases its core competitiveness in product design, risk management, and ecological operations but also confirms the inevitable trend of scaled development in on-chain finance. In the future, with the deepening of multi-chain deployment, the enrichment of ecological applications, and continuous technological iteration, USDD is expected to further enhance asset efficiency and global influence, continuously providing safe, efficient, and transparent solutions for the decentralized finance sector.