USDD protocol
Overview
USDD is a decentralized, over-collateralized stablecoin issued on the TRON blockchain. It is pegged to the US dollar and maintained through a stabilization mechanism using TRX and other crypto assets as collateral. USDD operates similarly to other algorithmic stablecoins but is native to the TRON ecosystem.
Within the DeFi Intel graph, USDD connects to 3 tracked entities, most strongly to Ethereum, Binance, Tron.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Binance | 95% |
deployed_on | Tron | 95% |
Frequently asked questions
What is USDD?
USDD is a decentralized, over-collateralized stablecoin issued on the TRON blockchain, pegged to the US dollar.
What blockchains is USDD deployed on?
USDD is deployed on Tron, Ethereum, and Binance.
How is USDD's peg maintained?
USDD's peg to the US dollar is maintained through a stabilization mechanism using TRX and other crypto assets as collateral.