USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin

cryptonews.com:

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Geneva, Switzerland / June 5 / – TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in less than one month since its May 5 launch.

The blockchain industry's most distinctive trait is constantly evolving and transforming traditional sectors rapidly, bringing revolutionary technologies to the world and financial markets worldwide.

USDD has continued to build since its launch, solidifying organic growth, and aspiring to advance the Stablecoin 3.0 era to make finance accessible to all. With a total circulating supply of nearly 700 million, the TRON-based USDD has recently upgraded itself to the first over-collateralized decentralized stablecoin (OCDS), offering faster transactions with the highest collateral ratio around the globe.

As one of the most secure decentralized stablecoins, USDD enjoys a guaranteed collateral ratio of at least 130%, higher than the 120% set by DAI, which is considered a paragon of the industry. The real-time collateral ratio of USDD is published on the TRON DAO Reserve’s website, publicly available 24/7.

While allowing the TRON DAO Reserve members to continue minting USDD by burning TRX, the upgrade consolidates USDD's stability and credibility by over-collateralizing assets under the TRON DAO Reserve (TDR). These reserve assets would include BTC, TRX, and multiple stablecoins like USDC, USDT, TUSD, and USDJ, at a ratio of 130% to back the issuance of USDD. In other words, every USDD is supported by at least USD 1.3 worth of BTC, TRX, stablecoins, and potentially other highly liquid assets.

The TRON DAO Reserve is currently holding 10,500 BTC, 240 million USDT, and