Overview
USDD is a decentralized stablecoin issued on the Tron blockchain in May 2022, governed by the TRON DAO Reserve — a consortium of institutional holders. Initially designed as an algorithmic stablecoin inspired by TerraUSD, USDD pivoted to an over-collateralized hybrid model following the Terra collapse in May 2022. USDD maintains a market cap of roughly $700M–$1B and is primarily used within the Tron DeFi ecosystem.
Who Created USDD?
USDD was created by TRON DAO Reserve and launched in 2022. It is a Hybrid stablecoin designed to maintain a stable value pegged to the US dollar.
Key Features
- +Over-collateralized at 130%+ with diversified reserves including BTC and USDT
- +Native Tron integration gives access to the Tron DeFi ecosystem (JustLend, SunSwap)
- +TRON DAO Reserve intervention capability provides active peg defense
- +High native yield through staking rate programs subsidized by Tron DAO
- +Low transfer fees on Tron make USDD efficient for high-frequency small transfers
- +BTC and USDT as primary collateral reduces reflexive risk from TRX-only backing
Where to Use USDD
USDD is available on Tron, Ethereum, BNB Chain. You can use it on centralized exchanges for trading, in DeFi protocols for lending and borrowing, or as a stable store of value to park funds between trades.
Official website: https://usdd.io