October 2026: USDD Monthly Transparency Report

USDD's circulating supply reached 1.5 billion tokens by October 31, 2026, backed by $2.21 billion in reserve assets at a 146.99% collateralization ratio, according to the stablecoin's monthly transparency report. Daily minting rose 10.5% month-over-month, and the token's market cap grew by $180.3 million during the October 12-19 week—the largest gain among all stablecoins—with circulating supply and TVL hitting record highs of $1.81 billion and $2.51 billion respectively on October 12 before pulling back amid broader market conditions. The Smart Allocator, which deploys reserves across Spark, Aave, JustLend and Morpho, posted an 8.5% monthly gain in investment income and a 15% rise in average daily deployment, bringing cumulative yield to $33.59 million, up 10.74% month-over-month. USDD Earn on BNB Chain saw month-end TVL climb 62.9%, while the Q3 treasury report showed the balance rising 27.1% to $9.70 million and over $9.55 million in community rewards distributed. Watch next for Q4 treasury disclosures in January 2027 and the JST buyback-and-burn program approved by JustLend, which directs multi-chain USDD revenue above $10 million—net of TRON subsidies—into JST.