What are tron-based stablecoin? Back to list

Member SinceSep 14, 2022

Posts 35


Sep 19, 2022 a 03:19
Decentralized USD (USDD) is an algorithmic stablecoin on Tron, a multipurpose smart contract blockchain that aims to maintain a one-to-one exchange rate with the US dollar. It is based on an intricate, automated balancing mechanism that involves alternately creating and destroying USDD and TRX units.
Tether is the most well-known stablecoin in the cryptocurrency community. Gold, traditional currency, and cash equivalents back it up. Tether is also well-known for its security and ease of use with crypto-to-fiat platforms.

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