sUSDD TVL on Morpho Reaches $60M, Grows 50% in Two Weeks

News Flash 2026-03-03 11:46

The total value locked (TVL) of sUSDD/USDT on the Morpho platform has exceeded $60 million, marking a 50% increase from $40 million in just two weeks. This growth positions sUSDD as the second-largest USDT lending market for yield-bearing stablecoins on Morpho, following sUSDS. Since its introduction at the end of January, sUSDD has boosted liquidity and borrowing in the sUSDD/USDT market, highlighting the success of its interest-bearing USDT model. The USDD team noted that this rapid expansion underscores the potential of stable yield strategies within DeFi, aiming to further broaden its application.

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