
On July 25, 2025, the decentralized stablecoin protocol USDD reached a critical milestone of its 2.0 version upgrade half a year ago. Against the backdrop of the industry's rapid growth, with the total supply of the stablecoin market surging by more than 80% over the previous year, USDD 2.0 is driven by "design-driven" and is pushing decentralized stablecoins towards a new paradigm of "real returns, structural resilience, and user sovereignty" through innovations in the mortgage mechanism, upgrades in the revenue model, and cross-chain ecosystem expansion.
Building a real income system, USDD 2.0 achieves steady expansion
Since the launch of USDD 2.0 in early 2025, the overall development of the protocol has been rapid. The latest data shows that the total value of USDD collateral assets has exceeded US$580 million, with a historical peak of over US$600 million and a circulation of over 530 million. At the same time, the user activity, asset liquidity, and pledged asset size of USDD 2.0 have continued to grow.
To enhance the autonomy and sustainability of the protocol, USDD 2.0 launched the core module Smart Allocator, which is a key innovation in building a long-term sustainable economic model oriented towards "real returns". This innovation is jointly operated by USDD and the JUST DAO team, and automatically deploys reserve assets based on real-time market indicators to achieve stable returns under controllable risks. It does not rely on short-term incentives, but uses dynamic allocation strategies to use protocol funds for efficient asset allocation and build a "self-generating" income system.
The launch of Smart Allocator marks a key step in the design of USDD 2.0 towards a more efficient and self-consistent stablecoin model.
Expanding cross-chain ecology and payment scenarios, USDD moves towards long-term practical value
While promoting the protocol upgrade, USDD 2.0 has also accelerated the layout of payment scenarios. The recent integration with payment platforms such as AEON Pay and Uquid is an important measure to connect virtual assets with real payment scenarios, effectively expanding the usability of stablecoins in actual application scenarios such as daily consumption and merchant collection.
At the same time, USDD 2.0 is accelerating the deployment of cross-chain ecology. Currently, multi-chain applications have been implemented, and it is planned to further expand native deployment on mainstream public chains such as Ethereum and BNB Chain. This will significantly improve its accessibility and cross-chain circulation efficiency, and provide basic support for efficient and stable value transfer on a global scale.
In terms of ecological cooperation, USDD 2.0 has also achieved phased results and has established cooperative relationships with multiple leading exchanges, wallets and DeFi projects. Currently, trading platforms that support USDD include Huobi HTX, Gate, KuCoin, MEXC, Kraken, etc., and wallet partners include mainstream multi-chain wallets such as TokenPocket and imToken, which further consolidates the coverage and circulation foundation of USDD in mainstream application scenarios.
Through the coordinated advancement of protocol capability enhancement and practical application expansion, USDD 2.0 has not only achieved phased scale growth, but also demonstrated its strategic evolution path from a single crypto asset tool to a "stable value carrier". Against the backdrop of increasingly fierce competition in the decentralized stablecoin market, USDD 2.0 firmly anchors its long-term strategy of "sustainable growth" and is expected to lead the industry towards a new paradigm of more robust, sustainable and open development.