TRON-Based USDD Becomes First Over-Collateralized Decentralized Stablecoin

  • With a total circulating supply of nearly 700 million, the TRON-based USDD has recently upgraded itself to the first over-collateralized decentralized stablecoin, 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.
  • 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 theĀ TRON DAO ReserveĀ (TDR).

[Via]