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USDD has become the second largest stablecoin on TRON|Ranked eighth among all stablecoins.
Everyone should still remember the doubts when USDD was first born. Now, six months have passed, and the APY has decreased from 20%, 10%, and 8% to 6%. In fact, I have been mining it heavily for half a year. Today, I accidentally discovered that USDD has already become the second largest stablecoin on the Tron network, both in terms of market capitalization and holders.
From TRONSCAN data, it can be seen that there are currently about 430,000 holders of USDD on the TRON network, and this number is steadily increasing.
From CoinMarketCap data, it can be seen that USDD currently ranks eighth among all stablecoins on the network and third among decentralized stablecoins, only behind DAI and USDe.
By the way, the seventh phase of the event has started again recently, and everyone can start participating. A stable 6% APY, very attractive, with absolutely no worries based on the PSM module.