BrandLogo
(24H)
csr-score-image
/100

Community Sentiment

Converter

Coin
coin_image
convertor-icon

Value

usd-icon
USD
1 = $0.99966772
Logo_icon
0.00
%
  • Price
  • Market Cap

Graph-Loading

Loading Data ...

Performance

undefined Vitals

Website
Internet_icon
Website
Internet_icon
WhitepaperLink_icon
Social
Categories

Metrics

Explore more
No Metrics Available

On-Chain Analysis

Market
Financials
Valuation
Usage
Development
Technicals

About

USDD, or Decentralised USD, is a stablecoin launched by the TRON DAO Reserve in May 2022. Built on the TRON blockchain, USDD aims to blend the attributes of a stable currency with the decentralisation features of popular cryptocurrencies. It is algorithmically pegged to the US Dollar, meaning its value is maintained at approximately $1 through automated, smart contract mechanisms. USDD belongs to the category of decentralised stablecoins, intending to offer a seamless and resilient alternative to centralised stablecoins by utilising distinctive incentive mechanisms and risk management frameworks. With a focus on transparency, USDD also supports cross-chain interoperability, being issued on blockchain networks like Ethereum and BNB Chain, which enhances its accessibility and utility across diverse DeFi ecosystems.