The stablecoin’s May transparency report showed $1.44 billion in circulation, a 154.65% overcollateralization ratio and $18.34 million in cumulative Smart Allocator yield.
USDD said its total collateral assets rose to $2.2 billion by the end of May, against $1.44 billion in circulation, leaving the stablecoin with an overcollateralization ratio of 154.65%, according to its May transparency report. The report also said Smart Allocator cumulative yield reached $18.34 million, including $2.1 million added in May, up 12.94% from the previous month. It added that sUSDD launched on Pendle’s fixed-yield market, expanding the token’s presence into a venue focused on locking in preset returns.