Data: sUSDD TVL breaks 1 million USD, offering 12% APY savings yield
ChainCatcher news, according to official sources, the total locked value (TVL) of the decentralized stablecoin USDD's interest-bearing token sUSDD has surpassed 1 million USD.It is reported that sUSDD was officially launched on October 6, providing a decentralized and transparent savings system. Users can convert USDD into sUSDD, and after depositing, they can automatically enjoy an annual percentage yield (APY) of 12% without the need for staking or locking up their assets, achieving asset appreciation.The official stated that the launch of sUSDD makes saving crypto assets more accessible, safer, and friendlier, marking a new chapter in DeFi.