Rank #22USDDAlgorithmic

USDD

Pegged to

USD

Market Cap

$730.00M

24h Volume

$40.00M

Circulating Supply

730.00M USDD

Total Supply

730.00M USDD

Peg Target

USD

Collateral Type

Algorithmic

Issuer

TRON DAO Reserve

Launch Date

05-05-2022

About USDD

USDD is a decentralised algorithmic stablecoin issued by the TRON DAO Reserve. Launched in May 2022 after the UST collapse, USDD implements an overcollateralised model backed by crypto reserves including BTC, USDT, USDC, and TRX. The TRON DAO Reserve manages a portfolio of assets exceeding the total USDD supply, maintaining a collateral ratio above 200%. USDD is primarily used within the TRON ecosystem for DeFi, trading, and payments. It aims to provide a stable dollar-denominated asset for the TRON network's large user base.

Supported Blockchains

Tron Ethereum BNB Chain

Pros

Overcollateralised reserve model
Transparent on-chain reserves
Large TRON ecosystem user base
Backed by diversified crypto portfolio

Cons

Centralised TRON DAO Reserve management
TRON ecosystem concentration
Post-UST algorithm skepticism
Limited DeFi usage outside TRON

Key Features

TRON DAO Reserve backing

200%+ overcollateralisation ratio

Multi-asset reserve (BTC, TRX, USDT, USDC)

Peg Stability Module (PSM)

Burns TRX to mint USDD

TRON ecosystem integration

Stablecoin Information

Community & Socials

Website Twitter / X Telegram