sUSDD's TVL on Morpho has surpassed 47 million USD

According to official data, the yield-bearing token sUSDD of the decentralized stablecoin USDD has achieved rapid growth on the decentralized lending protocol Morpho, with its TVL surpassing 47 million USD.

It is reported that within just one month of its launch, the sUSDD/USDT market TVL exceeded 40 million USD, making it the second-largest USDT lending market in the yield-bearing stablecoin sector, second only to sUSDS.

Additionally, sUSDD has been integrated into Gauntlet Vaults, with lending demand continuing to rise and liquidity steadily increasing.