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Tron to Launch Decentralized algorithmic stablecoin "USDD" in May
tron

Tron to Launch Decentralized algorithmic stablecoin "USDD" in May

From May 5, Tron will have its own native stablecoin named USDD, according to Tron founder Justin Sun. Traditional stablecoins, such as Tether (USDT) and Circle's USD Coin (USDC), rely on the backing of dollars (and other assets) in bank accounts. Instead, like TerraUSD (UST) and Frax Finance,
21 Apr 2022 1 min read
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