TREE NEWS update: USDD has officially launched its Vault feature on Ethereum, enabling users to mint USDD by collateralizing ETH and WBTC. This expansion enhances USDD’s accessibility and utility within the Ethereum ecosystem.
USDD Launches Vault on Ethereum for ETH and WBTC Minting
The move matters less as a feature launch than as a signal about where USDD wants to sit in the stablecoin stack: Ethereum, with ETH and WBTC as collateral rather than native-chain assets. That puts it in direct comparison with established decentralized stablecoins, where collateral quality and liquidation design determine survival. Whether the vault attracts durable minting rather than transient yield-driven demand is the open question, and how the collateral set expands from these two assets is worth watching.
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