USDD Supply Hits Record $1.59 Billion

The supply of USDD has hit a record high of $1.59 billion, according to recent data.

USDD is a stablecoin issued by the algorithmic stablecoin issuer Pylon Network. The token's supply growth indicates increasing adoption and use cases for USDD in various markets.

The surge in supply could also be attributed to the growing demand for stablecoins, which are seen as a hedge against market volatility.