USDD reported strong treasury performance for the third quarter of 2026 alongside growth in circulating supply and total value locked, according to the decentralized, overcollateralized stablecoin project. The update, dated 30 October 2026, points to multichain adoption, new DeFi integrations, and additional ways for users to earn and transfer the stablecoin.
Treasury revenue rises 26.7% in Q3
USDD's Q3 2026 Treasury Report showed revenue of $9.70 million, an increase of 26.7% quarter over quarter. The treasury balance surpassed $30 million for the first time, reaching $31.24 million.
Smart Allocator, USDD's on-chain asset allocation system, generated $9.11 million of Q3 income. The system deploys funds from the protocol's capital across selected DeFi strategies, and its investment activity and performance are publicly visible on-chain.
Market capitalization growth outpaces top issuers
Citing a report jointly published by RWA Foundation and Token Terminal, USDD recorded the largest market capitalization increase among the top 10 stablecoin issuers between 12 and 19 October 2026. USDD's market capitalization grew by $180.3 million, accounting for roughly 40% of the combined $449.1 million increase across those issuers.
Sky ranked second over the period with an increase of $86 million, while United Stables recorded growth of $22.8 million.
As of 29 October 2026, USDD's circulating supply surpassed $1.48 billion, and protocol total value locked reached $2.18 billion. The project describes USDD as the largest decentralized stablecoin on TRON.
Earning products and DeFi partnerships
USDD Earn allows users to deposit USDD and receive sUSDD, currently offering a base annual percentage yield of 4% with flexible withdrawals and no fixed lockup period. Additional earning options are available through partner platforms.
- USDD has partnered with Binance Wallet and Gate DEX to expand earning opportunities.
- Campaigns such as TRON DeFi Summer provide additional incentives.
- Advanced lending and looping strategies are available on Pendle and Morpho.
USDD noted that yields are subject to change and that advanced DeFi strategies involve additional risks.
GasFree and TokenPocket target transfer costs
USDD transfers can be made through integrations with GasFree and TokenPocket, both of which allow users to pay supported transaction fees directly in USDD on TRON without separately holding TRX.
GasFree integrated USDD on 17 August 2026. Wallets currently supporting GasFree access are TronLink, Guarda, Klever Wallet, and eDir. Through GasFree, USDD transfers have cost approximately 0.5 USDD per transaction, compared with approximately 1.5 USDT for comparable USDT transfers, according to the project.
TokenPocket supports USDD as a network fee payment option, and its Gas Boost Season campaign has offered a 50% gas fee subsidy for users paying gas with USDD.
Multichain footprint across TRON, Ethereum, and BNB Chain
USDD is available across TRON, Ethereum, and BNB Chain. As of 29 October 2026, $329.94 million of the $1.48 billion total circulating supply was on Ethereum, representing approximately 22.3%.
TRON remains a core ecosystem, with integrations including Binance Wallet, GasFree, and TokenPocket supporting earning and transfers. On Ethereum and BNB Chain, USDD and sUSDD provide access to additional DeFi opportunities, including earning products, lending markets, and liquidity options.
The project said continued development across the three networks will create further opportunities to connect USDD with new applications and users, while noting that future growth depends on market conditions and adoption.
