USDD
USDD is an Over-Collateralized Decentralized Stablecoin.
Decentralized
The USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and freeze-free stablecoin system, a perpetual system independent from any centralized entity.
Over-Collateralized
USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%.
Chain-Agnostic
USDD can now circulate on multiple mainstream networks. Users can transfer USDD across different networks via cross-chain bridges. Similar to TRC20-USDT, USDD caters to users' needs by offering a fast and affordable experience on TRON.
The TRON DAO Reserve is the custodian of USDD and guarantees its price stability
Name
USDD
Description
USDD is a US dollar-pegged algorithmic stablecoin managed through a TRON-based DAO founded by crypto entrepreneur Justin Sun.
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