USDD

October 27, 2022

What Exactly Are the Blockchain-based Stablecoins?


Stablecoins blockchain-based token that is designed to stay at an equal value, typically that of a specific fiat currency. The most widely used stablecoins track the price of the U.S. dollar, but stablecoins representing other currencies, such as the euro, the pound sterling, and the Mexican peso, are also in circulation. Stablecoins have become a […]

USDD

June 13, 2022

TRON upgrades USDD as TerraUSD Crashes


The first over-collateralized decentralized stablecoin is USSD, which has a guaranteed minimum collateral ratio of 130 percent. With almost $1.4 billion in assets in the Tron DAO reserve account, the current collateral ratio is over 200%. The first overcollateralized decentralized stablecoin (OCDS), TRON-based USDD, has reached another milestone, becoming the industry’s first overcollateralized decentralized stablecoin. […]