MarketCap $1.14T -0.51%
24H Volume $32.82B -30.12%
The $USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and freeze-free stablecoin system, a perpetual system independent from any centralized entity. $USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. $TRX, $BTC, and $USDT). The total value of collateralized assets is significantly higher than that of $USDD in circulation with the collateral ratio set at 120%.
$USDD circulates on TRON, Ethereum, BNB Chain, and other networks via the cross-chain protocol BitTorrent Chain. Similar to TRC20 $USDT, it caters to users' needs by offering them a fast and affordable experience on TRON.
$USDD is granted as authorized digital currency and medium of exchange in the Commonwealth of Dominica effective on October 7, 2022.