Justin Sun: TRON will comprehensively upgrade USDD in the fourth quarter to build a premier decentralized stablecoin

TechFlow news, October 27 — Justin Sun, founder of TRON and member of the HTX Global Advisory Board, announced on social media that TRON will comprehensively upgrade USDD in Q4 to establish the most credible decentralized stablecoin system in the crypto market.

Sun pointed out that the TRON ecosystem already has the foundational conditions to scale up USDD: TRX currently has a market capitalization exceeding $16 billion, with over $200 million in liquidity depth within a 3% slippage range. He expects TRON's fundamental valuation to surpass $30 billion, sufficient to support a $3 billion stablecoin issuance. Notably, TRX used as collateral can generate over 10% annualized on-chain yield.

Regarding risk management, Sun emphasized that TRON generates $2 billion annually in on-chain revenue and token burns, providing strong value backing for USDD. The new version of USDD will introduce Bitcoin as supplementary collateral and establish a PSM mechanism centered on USDT for direct conversion, further enhancing stability.