TechFlow reports on August 18 that Justin Sun, founder of TRON, announced via social media that the PSM (Peg Stability Module), a stablecoin exchange tool launched by TRON DAO Reserve, has added support for USDC. Users can now exchange USDD and USDC at a fixed 1:1 exchange rate through PSM, with zero slippage and zero fees.
PSM (Peg Stability Module) is a stablecoin exchange tool introduced by TRON DAO Reserve, designed to provide users with more stable and favorable exchange rates, and to help maintain the USDD price peg near $1 when demand exceeds supply. In addition to USDC, users can also use PSM to exchange USDD and USDT at a fixed 1:1 exchange rate.
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