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USDD: Decentralized Stablecoin on TRON | Cryptocurrency Info

USDD: Decentralized Stablecoin on TRON

USDD is a decentralized stablecoin built on the TRON blockchain. It is managed and backed by the TRON DAO Reserve, which ensures its price stability. USDD is categorized as a stablecoin and has a market capitalization rank of 52.

Key Details

Description

USDD is a significant player in the stablecoin market, providing stability and reliability in the cryptocurrency space. With its foundation on the TRON blockchain, USDD benefits from the robustness and efficiency of TRON's infrastructure.

The TRON DAO Reserve is responsible for managing USDD and guaranteeing its price stability. This ensures that USDD remains pegged to the US dollar while offering the benefits of decentralization and transparency that blockchain technology provides.

FAQ

What is USDD?

USDD is a decentralized stablecoin built on the TRON blockchain. Its price stability is guaranteed by the TRON DAO Reserve.

Which exchanges list USDD?

USDD is listed on several exchanges, including Huobi, Gate.io, Trubit, KuCoin, Kyberswap Classic (Bittorent), MEXC, Bybit, CoinW, Poloniex, Uniswap V3 (Ethereum), Ellipsis Finance, BTSE, SUN.io, AscendEX (BitMax), Curve (Ethereum), FMFW.io, HitBTC, LBank, and BitMart.

How does the TRON DAO Reserve manage USDD?

The TRON DAO Reserve is responsible for managing USDD and ensuring its price stability. It employs various strategies and mechanisms to maintain the peg to the US dollar.