USDD Treasury Performance Remains Strong: Core Metrics Show Steady Growth, Ecosystem Co

USDD, the decentralized overcollateralized stablecoin issued in the British Virgin Islands, posted record treasury results in Q3 2026, with quarterly revenue of $9.7 million (up 26.7% quarter-over-quarter) and treasury balances surpassing $30 million for the first time at $31.24 million, driven largely by $9.11 million in earnings from its on-chain Smart Allocator system. Circulating supply exceeded $1.48 billion and protocol TVL reached $2.18 billion as of October 29, 2026, with Ethereum accounting for roughly 22.3% ($329.94 million) of the multi-chain supply across TRON, Ethereum, and BNB Chain. A joint report from RWA Foundation and Token Terminal showed USDD led all top-ten stablecoin issuers in market cap growth for the week of October 12–19, adding $180.3 million—about 40% of the $449.1 million total increase—versus $86 million for Sky and $22.8 million for United Stables. The protocol is expanding utility through a 4% base APY on USDD Earn (issued as sUSDD), integrations with Binance Wallet and Gate DEX, and gas-free transfer options via GasFree and TokenPocket that let users pay fees in USDD on TRON at roughly $0.50 per transfer versus about $1.50 for comparable USDT transfers. The growth reinforces USDD's position as the largest decentralized stablecoin on TRON, though future gains depend on market conditions and adoption scale; watch for continued multi-chain deployment and whether treasury income and circulating supply sustain their current trajectory.