USDD releases June transparency report: Smart Allocator accumulates over $20 million in returns, with continued diversification of yield strategies
According to ChainCatcher, the decentralized stablecoin USDD has officially released its June Transparency Report. Data shows that by the end of June, USDD's total collateral assets reached $2.03 billion, with a peak monthly circulation of $1.42 billion. At the end of the month, the over-collateralization ratio stood at 149.35%, demonstrating strong stability and risk buffering capabilities. Additionally, Smart Allocator generated an additional $216,000 in revenue for the month, bringing total cumulative revenue to $21.29 million. In terms of ecosystem progress, Morpho successfully launched the PT-sUSDD market and has integrated with Singularry AI; meanwhile, sUSDD TVL on the Pendle market surpassed $30 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banxico: Flexible stance with upside risks – Rabobank
Planet Ventures CEO Etienne Moshevich resigns
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time
Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

Waldencast Files to Delist Shares, Warrants From Nasdaq

