Decentralized super-collateralized stablecoin USDD officially launched two years ago
TRON DAO
2024-05-06 07:51
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On May 5, 2024, the decentralized super-collateralized stablecoin USDD officially launched its second anniversary.

On May 5, 2024, the decentralized super-collateralized stablecoin USDD officially celebrated its second anniversary of launch.

As the world's first decentralized super-collateralized stablecoin, USDD is over-collateralized by a variety of mainstream digital assets, and has the characteristics of high security and transparent collateralization rate. It has been favored by the majority of users since its issuance. At present, the total issuance of USDD has reached 734 million US dollars, the collateralization rate exceeds 220%, and the number of holding accounts exceeds 139,000, further strengthening TRON's leading position in the field of stablecoins.

At the same time, USDD has been widely used and recognized in payment, CeFi, DeFi, AI, GameFi and SociaFi platforms. It has been circulated on 11 mainstream public chains and has been supported by 43 trading platforms, 3 GameFi platforms, 5 cross-chain bridges, 8 payment platforms and 12 SociaFi platforms, which has greatly improved the user experience of USDD and injected new vitality into the DeFi application on the Tron chain.

In addition, USDD's various data indicators have also shown explosive growth. As of now, USDD has attracted more than 100,000 followers on the X platform, with a total transfer volume of more than 1.368 million and total collateral assets exceeding US$1.79 billion, making it the second-ranked stablecoin on the Tron chain.

In the future, USDD will continue to advance in the Web3 world and contribute greater strength to the decentralized world.


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