USDD Reserves Hit $2.21 Billion; Smart Allocator Cumulative Returns Reach $33.59 Million

At Oct. 31, USDD had about 1.5 billion tokens in circulation, $2.21 billion in reserve assets and a 146.99% collateralization ratio. Average daily USDD minting volume rose 10.5% from September. On BNB Chain, USDD Earn’s month-end total value locked (TVL) increased 62.9% from September. Smart Allocator’s October investment earnings rose 8.5% from September, while its average daily deployed capital grew 15%. Cumulative returns reached $33.59 million by Oct. 31. USDD generated $9.7 million in Q3 treasury revenue, while cumulative Smart Allocator returns reached $32.16 million. TokenPost previously covered USDD’s Q3 treasury and Smart Allocator results .

Source: TokenPost