USDD releases the April monthly transparency report: Supply scale and revenue reach new highs, reserve structure continues to optimize

On May 9, the decentralized stablecoin USDD released its monthly transparency report for April 2026. The report comprehensively disclosed the supply scale, reserve assets, Smart Allocator earnings, treasury data, and key ecological progress for the month, once again demonstrating USDD's firm commitment to transparency, stability, and sustainability.

The report pointed out that USDD continued to maintain an over-collateralized stability mechanism throughout the month, operating robustly with continuous improvement in reserve transparency. Moving forward, the focus will be on enhancing stability, optimizing the earnings system, upgrading transparency, and expanding the ecosystem, continuing to base itself on over-collateralization, adhere to on-chain transparency as a principle, and use ecosystem expansion as an engine, aiming to become a trusted stablecoin infrastructure in the AI Agent economy and decentralized finance scenarios.

Core Data Shines, Scale and Resilience Increase Simultaneously

According to the data disclosed in the report, the supply scale of USDD steadily grew, with a total supply peak of 1.558 billion during the month, an increase of approximately 10.87% compared to the end of March; as of April 30, 2026, the value of collateral assets reached $2.16 billion, with an overall collateralization rate of 146% at the end of the month, providing about $1.46 of asset support for every 1 USDD, maintaining a sufficient safety buffer. Smart Allocator generated over $2.46 million in new earnings during the month, distributing a total of over $14.81 million in earnings to users.

Additionally, USDD's treasury revenue for Q1 reached $6.3 million, a quarter-on-quarter increase of 66.6%, with expenditures of $160,000, a quarter-on-quarter decrease of 51.6%.

Reserve Structure Optimization and Further Improvement of Multi-Asset Layout

On April 8, USDD added two WBTC Vaults, allowing users to mint USDD on the TRON chain using BTC as collateral. This important upgrade significantly increased the proportion of non-native collateral assets, optimized the diversification of reserves, and enhanced the system's stability under market fluctuations.

All core reserve assets, including TRX, sTRX, USDT, etc., are 100% real-time verifiable through public on-chain addresses, and the community can check balances and fund flows at any time via blockchain explorers.

Earnings Capability Steadily Grows, Ecological Value Continues to Return

As an important earnings-sharing mechanism for USDD, Smart Allocator accumulated earnings of $16.24636 million by the end of April, with approximately $2.4675 million in new earnings for April. Funds are diversified across mainstream DeFi protocols such as Spark, Morpho, and JustLend DAO, and are dynamically adjusted based on market conditions.

Additionally, according to the Q1 treasury data disclosed in April 2026, the total treasury income was $6.3 million, a quarter-on-quarter increase of 66.6%; treasury expenditures were $160,000, a quarter-on-quarter decrease of 51.6%; and the treasury balance was $13.91 million, a quarter-on-quarter increase of 77.9%.

The earnings generated by USDD through Smart Allocator continue to be used for ecological incentives. As of Q1 2026, approximately $14.81 million in rewards have been distributed to community users, with plans to further use earnings for risk buffers, product expansion, and system stability construction.

Transparency Upgrade Becomes AI and DeFi Infrastructure

USDD continues to promote transparency construction, with the official data dashboard and Smart Allocator page providing real-time on-chain data. Additionally, in April, new support for MCP functionality and machine-readable documents for LLMs was added, allowing AI Agents to interact directly with USDD's core modules, further enhancing data accessibility and automation capabilities.

In the report, USDD officials emphasized that they will continue to base themselves on over-collateralization, adhere to on-chain transparency as a principle, deepen multi-chain layout, and optimize the earnings system, aiming to become a trusted stablecoin infrastructure in the AI Agent economy and decentralized finance scenarios.