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Your Questions About USDD Answered
I. How to understand USDD’s stability? 1. USDD’s core mission is to provide the blockchain world with a decentralized cryptocurrency of stable value. 2. What is decentralization? USDT and USDC, the largest stablecoins at present, are strictly pegged 1:1 to the U.S. dollar reserves of the centralized platforms Tether and Centre. Their use and price…
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USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
Currently Collateralized at Over 200% with a Guaranteed Minimum Collateral Ratio of 130% Geneva, Switzerland / June 5 / – TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch. The blockchain industry’s most distinctive trait is constantly evolving and transforming…
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Improving USDD From Lessons Learned
Why USDD? Decentralized stablecoins are hard. But despite the events of the past few weeks, we still believe in their potential. We came up with the idea for USDD after witnessing Terra’s dramatic ascent. At its peak, circulating UST supply eclipsed all decentralized competitors by almost 2x. On the surface, Terra appeared to have won…
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More Whitelisted Members, Wider DEX Integrations, Higher Total Supply – USDD Thrives Alongside Increased and Diversified Reserve Assets
The TRON DAO Reserve has announced four more major players in the blockchain industry, Amber Group, Poloniex, ANKR, and Mirana following Alameda Research founded by Sam Bankman-Fried as the second, third, fourth, and fifth Members and Whitelisted Institutions to mint Decentralized USD (USDD).
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TRON DAO Launches USDD Jointly with Blockchain Leaders
H.E. Justin Sun, Founder of TRON, has announced the launch of USDD through the TRON DAO Reserve on Thursday, May 5. SunSwap, Uniswap, PancakeSwap, and Ellipsis, are among the first to have listed USDD. The initial total supply will be 66,560,006.61 on TRON, 3,100,000 on Ethereum, and 13,100,000.1 on BNB Chain through the cross-chain protocol…
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An Open Letter to Our Community on the Issuance of USDD, a Decentralized Algorithmic Stablecoin on TRON
Stablecoins have entered a new era. Blockchain believers pursue to decentralize everything centralized, on the strong faith in the capabilities of mathematics and algorithms rather than violence and power in creating a desirable future for the world. Today, we see the possibility of decentralizing the blockchain world’s most centralized territory. TRON DAO joined hands with…