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Many people still underestimate the value of launching a fully decentralized stablecoin USDD on the Tron network.
USDD's total value locked (TVL) has already surged to $2.24 billion, hitting a new all-time high, with over a fivefold increase in one year.
Now more and more people realize that many so-called stablecoins are essentially centralized assets that can be frozen, restricted, or intervened with.
And USDD's approach is completely different. Its collateral assets, reserve ratio, and operating mechanisms are all publicly on-chain, with no black box.
Plus, with an over-collateralization mechanism and PSM exchange mechanism, USDD finds a comfortable balance between stability and liquidity.
More importantly, USDD can be directly converted into sUSDD to earn stable returns, and it supports instant redemption without lock-up restrictions.
USDD is just the beginning.
@justinsuntron @usddio #TRONEcoStar