BlockBeats News, March 4 — According to official sources, the decentralized stablecoin USDD announced that the sUSDD/USDC lending market selected by top risk management firm Gauntlet has officially launched on Morpho, with an initial supply cap of $15 million. The goal is to further enhance sUSDD’s capital efficiency and liquidity depth by introducing mainstream stablecoins, providing DeFi users with more diversified yield options, marking a rapid growth phase for USDD lending ecosystem on Morpho.
Previously, USDD and Morpho jointly launched the sUSDD/USDT incentive program on February 10. In less than a month, its TVL peaked at over $60 million. Before the event ended on March 11, users could still participate in sharing a reward pool of 30,000 USDD tokens and enjoy up to 2% additional subsidy.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
10x Research: Circle Stock Price Drops Approximately 20% in a Single Day, Will Re-evaluate "Long Circle Short Certain CEX" Strategy
10x Research analysis indicates that Circle is facing intensified stablecoin economic competition with a certain CEX. Circle's stock price declined due to CLARITY Act uncertainty, but the legislation could bring structural benefits. Circle supports stablecoin regulation in exchange for legitimacy, while the certain CEX prioritizes short-term profitability. Their business models are at odds; under regulation, Circle may forgo high-margin distribution in exchange for sustained "regulatory certainty" and drive institutional adoption and financial integration.
GateNews3h ago
CLARITY Draft Limits Stablecoin Yields, CRCL Stock Plunges 20% in a Single Day
Circle (CRCL) stock price plummeted nearly 20% following the introduction of the CLARITY Act draft, which proposes restrictions on stablecoin passive yields. The legislation aims to prevent stablecoin issuers from offering interest similar to bank deposits, which could impact Circle's profit model and market competitiveness. Analysts point out that the current decline may represent market overreaction, as USDC circulation continues to grow and the legislation remains in the negotiation phase with uncertain outcomes.
MarketWhisper4h ago
A new address invested 2 million USDC to take a 5x short position on crude oil
BlockBeats News: On March 25, according to Onchain Lens monitoring, a newly created wallet deposited 2 million USDC to HyperLiquid and opened a CL short position with 5x leverage.
BlockBeatNews5h ago
New Wallet Deposits $2M USDC to HyperLiquid, Opens 5x Leveraged CL Short Position
Gate News bot message, a newly created wallet has deposited $2 million USDC into HyperLiquid and opened a short position on CL with 5x leverage.
GateNews5h ago
