USDD: Decentralized stablecoin pegged to USD, algorithmically stabilized.
USDD is a decentralized stablecoin pegged 1:1 to USD, supported by algorithms, Super Representatives, and TRX for stability and over-collateralization across crypto markets.
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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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USDD price live information
As of now, USDD is trading at 0.999757 USD, with a 24-hour trading volume of approximately 786.14K USD. The USDD to USD price is updated in real time. Over the past 24 hours, USDD has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 326.89M USD. Currently, there are 326 968 831 USDD in circulation out of a maximum supply of 326 968 831 USDD.
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