USDD Treasury Revenue Reaches $9.7 Million as Balance Sets Record

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 reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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