USDD Goes Live Natively on Ethereum with 12% APY Airdrop & Savings-Focused sUSDD Launch Imminent

USDD storms Ethereum—bringing decentralized dollar power to the world's second-largest blockchain.

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sUSDD: Savings Mode Activated

Get ready for sUSDD—the savings-focused upgrade that turns stablecoin stagnation into compounding gains. Because letting cash sit idle is so 2021.

Ethereum's latest stablecoin entry doesn’t just compete—it overdelivers. While traditional savings accounts still offer apology-tier interest, USDD’s move proves DeFi isn’t waiting for permission to rewrite finance.

Ethereum-native launch with up to 12% APY airdrop

USDD went live on Ethereum on September 8, issued natively rather than through wrapped tokens or bridge-dependent versions. In recent years, a number of other projects have done the same, a sign that Ethereum has become a central meeting point for liquidity in DeFi. The design reduces the counterparty risks that have long troubled cross-chain bridges, allowing users to mint, hold and transfer the asset directly on Ethereum.

USDD’s contracts were reviewed by blockchain security firm CertiK, part of a trend as more DeFi projects seek outside audits after high-profile hacks. These checks have become standard for stablecoins launching in Ethereum’s ecosystem.

At launch, the team also introduced a Peg Stability Module (PSM), which allows instant, zero-fee swaps between USDT and USDC — a mechanism meant to ensure liquidity and keep the dollar peg steady from day one.

Adoption was quick: within four days, circulation of the Ethereum-based token passed 8 million units, indicating early demand across DeFi protocols.

The team introduced a reward program with Merkl as part of the launch, providing up to 12% in promotional rewards that adjust based on total value locked (TVL). Rewards are distributed automatically and can be claimed on Merkl’s dashboard roughly every eight hours. This airdrop runs from September 9 to September 23.

Smart Allocator and the design of USDD’s reward framework

Rewards are generated through the Smart Allocator, USDD’s strategy for allocating collateral, with additional backing from TRON DAO subsidies. Analysts note that the aim is to move beyond short-lived bonus campaigns to create a model that could prove more sustainable.

Next on the roadmap is sUSDD, a savings-focused version of the stablecoin. Tokens with built-in reward features aren’t new — Aave and Maker have used them for years — but sUSDD would be among the first to bring this model directly into the stablecoin layer.

Unlike centralized platforms, it will run fully on-chain — a choice the team highlights following high-profile failures in centralized lending.

The launch is also part of USDD’s bigger multi-chain plan, with upcoming plans for native deployment on even more chains, such as BNB Chain. If successful, the strategy WOULD let users shift funds seamlessly across ecosystems.

The Ethereum launch marks the beginning of USDD’s shift into a multi-chain, accessible and sustainable stablecoin. Analysts see the MOVE as an early sign that the project is on track to playing an important, expanded role in DeFi.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.