Add as a preferred source on GoogleUSDD Treasury Revenue Reaches $9.7 Million as Balance Sets Record
Revenue rose 26.7% from Q2, while quarterly expenses fell to $7,601. On Oct. 19, USDD's supply stood at $1.78 billion and total value locked at $2.48 billion.
USDD generated $9.7 million in Q3 treasury revenue, while its treasury balance reached a record $31.24 million, exceeding $30 million for the first time.
Revenue rose 26.7% from Q2. Expenses totaled $7,601, down 69.4%, and net profit was approximately $9.7 million.
Smart Allocator asset-allocation yields reached $9.11 million during the quarter. Cumulative returns generated and distributed by Smart Allocator reached $32.16 million.
On Oct. 19, USDD's supply stood at $1.78 billion and its total value locked at $2.48 billion. Those are current figures, separate from the Q3 treasury results.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.