TechFlow news — On June 27, according to official announcements, in order to promote the healthy and sustainable development of the TRX and USDD markets and safeguard users' asset security, JustLend has adjusted the base interest rate parameters for the TRX and USDD markets. The USDD market will now adopt a jump rate segmented interest rate model, with an APY reaching 120% when utilization hits 100%.
On June 5, USDD officially upgraded to become the world's first decentralized over-collateralized stablecoin. On its launch day, it ranked first globally with a collateralization ratio exceeding 130%, making it the most secure decentralized stablecoin across all networks. Currently, USDD operates on the TRON network and is connected via the BTTC cross-chain protocol to major public blockchains such as Ethereum and BNB Chain. Its total issuance has surpassed $720 million, and it is now circulating on TRON, BNB Chain, and Ethereum. Globally renowned institutions including Alameda Research, Amber Group, Poloniex Exchange, Ankr, Mirana, Multichain, FalconX, and Three Arrows Capital have successively joined as members of the Wavelet Reserve and been added to its whitelist.
