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.
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.