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Our proprietary ICR score algorithm offers a 360-degree evaluation of cryptos by analysing on-chain and off-chain data. To know more, click here

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$0.00
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Use Cases
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Provides a stable value solution for traders and investors looking to minimise volatility in crypto portfolios.
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Serves as a medium of exchange for decentralised finance (DeFi) platforms, facilitating transactions without the risk of price fluctuations.
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Offers a reliable unit of account within multi-currency blockchain applications.
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Enables cross-border transactions with minimal fees and settlement time compared to traditional banking systems.
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Utilised in lending and borrowing platforms as collateral or a stable loan option.
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Supports interoperability between blockchain networks, enhancing liquidity and trading opportunities.
Our Analysis


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About the coin
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.
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Value

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USD
1 = $0.9999
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