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What is USDD (USDD)?

USDD is an algorithmic stablecoin issued by the TRON DAO Reserve, launched on the Tron Network in May 2022. It maintains a 1:1 peg to the US dollar by utilizing a diverse mix of cryptocurrencies to ensure over-collateralization. Created to tackle volatility issues common in the crypto market, USDD claims to have 'perpetual existence and zero dependence on any centralized entity,' aiming to become the most decentralized currency. Its key features include price stability achieved through algorithms and a network of Super Representatives, who provide price oracles by voting on USDD's exchange rate. These validators are incentivized with transaction fee shares and fixed fees for swaps, and TRX serves as a safety buffer to absorb price fluctuations, helping stabilize USDD’s value. USDD can be u...

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Global prices

USDD / DKKDanish Krone

6.374949

USDD / GBPBritish Pound Sterling

0.747479

USDD / HKDHong Kong Dollar

7.781912

USDD / INRIndian Rupee

90.346124

USDD / JPYJapanese Yen

155.330107

USDD / MXNMexican Peso

17.968384

USDD / AUDAustralian Dollar

1.592067

USDD / TRYTurkish Lira

38.06471