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SUSDD's TVL on Morpho surpasses $47 million
Mars Finance reports that according to official data, the decentralized stablecoin USDD’s interest-bearing token sUSDD has experienced rapid growth on the decentralized lending platform Morpho, with its TVL surpassing $47 million. It is reported that within just one month of launch, the sUSDD/USDT market TVL exceeded $40 million, 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.