USDD officially launches the Vault feature on Ethereum, supporting ETH and WBTC collateralized minting

On August 24, the multi-chain decentralized over-collateralized stablecoin USDD announced the official launch of the Vault feature on Ethereum, allowing users to mint USDD using ETH and WBTC as core collateral assets. This upgrade is a further expansion based on the previous TRON chain Vault, meaning the USDD Vault module has officially entered the dual-chain driven phase and the ETH + BTC dual core mainstream asset collateral stage, providing more entry points for mainstream asset holders to participate in the USDD ecosystem.

In April of this year, USDD successfully launched the WBTC Vault on the TRON network, achieving the first Bitcoin collateralized minting of USDD, opening the channel for BTC assets to enter the USDD yield system. The launch of this new Vault extends this capability to the Ethereum chain and expands the range of collateral assets from BTC to ETH and a broader range of mainstream digital assets, forming a dual-chain parallel structure with the original Vault on the TRON chain, further enriching the minting methods and funding application scenarios of USDD.