TechFlow News, TRON founder Justin Sun announced via Twitter that the TRON DAO Reserve has launched a decentralized stablecoin named USDD. The official website is now live and currently supports Sunswap, Sun.io, Curve, Uniswap, Ellipsis, Pancakeswap, and Kyberswap. The initial total supply on the TRON network exceeds $100 million. Through the BTTC cross-chain protocol, the circulating supply on both BSC and Ethereum has each approached $20 million.
Reportedly, USDD (Decentralized USD) is a decentralized algorithmic stablecoin initiated by the TRON Advancement Reserve in collaboration with major blockchain institutions. USDD operates on the TRON network and is connected to Ethereum and Binance Smart Chain via the BTTC cross-chain protocol, with plans to expand to more blockchains in the future. USDD leverages TRX to maintain its peg to the US dollar (USD), ensuring price stability and enabling users to access a stable, decentralized digital dollar system that safeguards financial freedom.
