USDD, a fully decentralized stablecoin pegged to the US dollar, has officially been deployed natively on Ethereum, the largest Layer 1 blockchain.
Tron founder Justin Sun celebrated the milestone, noting that users now have a fully decentralized stablecoin option on Ethereum.
This marks a major milestone in USDD’s development as it advances toward becoming a truly multi-chain stablecoin, designed to be accessible, versatile, and reliable across multiple blockchain networks.
USDD has launched on Ethereum on September 8, 2025, after a full audit by CertiK. The launch includes a Peg Stability Module (PSM), enabling users to mint and swap USDD seamlessly with USDT and USDC. This ensures smooth liquidity and stable pricing from the start.
Ethereum offers countless DeFi options, and USDD’s multi-chain presence makes it easy to move and use across ecosystems.
Users can use USDD in DeFi for lending, liquidity pools, and yield farming, with more Ethereum integrations coming soon. Future updates will expand USDD on Ethereum to include more collateral types, vaults, and savings options. Currently, there is no cross-chain bridge between Tron and Ethereum.
Looking ahead, the protocol will roll out sUSDD, an interest-bearing version of USDD. This is designed for users who want to grow their stablecoin holdings passively through a fully decentralized and transparent savings system, while keeping complete control on-chain.
To mark this milestone, USDD is also rolling out a special airdrop campaign for the Ethereum community starting September 9. The campaign rewards Ethereum users for their role in DeFi and highlights the start of USDD’s multi-chain journey.
Rewards are calculated every day based on the total amount of USDD held (TVL) and follow a tiered APY system, up to 12% for lower TVL, gradually decreasing to 6% as TVL increases. Users only need to hold Ethereum-native USDD in their wallet.
Rewards start accumulating automatically and can be claimed every eight hours through the Merkl Dashboard. Users also have the option for consolidated withdrawals.
Users should verify the official contract before interacting, as it is the only authentic native USDD on Ethereum.
By launching directly on Ethereum, USDD expands its utility and adoption across a larger ecosystem, while still staying true to its core values of being transparent, decentralized, and offering sustainable returns.
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