A couple of days ago, I was free and casually checked my crypto wallet, focusing on the corner where I placed @usddio. When I looked at the total market cap, I almost thought I was seeing things—I remember it wasn't this much last week? I quickly pulled up the data panel from @DefiLlama, and it gave me quite a shock:
In just 7 days, the total market capitalization of USDD has increased by over 22%!
Looking at a 30-day period, the growth rate exceeds 82%!
This number has me baffled. You have to know, this is a stablecoin, pegged to 1 dollar! Its market cap growth is not due to speculative price movements (as its price is almost stable), which can only indicate one thing: a massive amount of real money is flooding into USDD, making it a core choice for asset allocation!
It's like discovering that the river by your house has risen by one-fifth in just a week; you must be wondering: What happened upstream?
Where did this 'flood' come from? I looked at the data and found a key clue: over 30% of USDD has now crossed over to Ethereum. This is not just a simple move; it clearly indicates:
#USDD's consensus of stability and trust is strongly expanding from one ecosystem to the core battlefield of the entire crypto world. Ethereum has the largest and most mature DeFi Lego empire, and the major entrance of USDD means it is being accepted and used by broader and more mainstream financial protocols.
So, my understanding of this explosive growth is:
Smart money is looking for a 'safe haven': Recently, the market has been turbulent, with interest rate hikes in Japan and macroeconomic uncertainty, many funds have flowed out of high-risk assets, urgently needing a place that is both safe (value stable) and has returns (can participate in DeFi earning) to dock. USDD perfectly meets this demand.
The 'network effect' of the ecosystem is igniting: USDD is no longer just a 'specialty' of the Tron ecosystem; it has become hard currency and a fundamental asset connecting multiple mainstream public chains (Tron, Ethereum, etc.). The broader the application scenarios, the greater the demand, and the faster the growth flywheel turns.
The power of transparency: All data is verifiable on-chain, everyone can see clearly, which gives peace of mind. This complete transparency is itself a powerful growth engine.
My USDD wallet is 'secretly' expanding, behind it, the entire market is voting with its feet, choosing a more robust, practical, and trustworthy future.
Has your USDD position 'grown' recently?