Justin Sun has said that the USDD stablecoin would get bolstered with stable and unstable assets. It includes decentralized stablecoins to ensure its stability. Cryptocurrency payment should use $USDD as the new payment currency. šBuilt on the back of #TRONās thriving stablecoin ecosystem, #USDD will be over-#collateralized by a combination of stable and volatile assets #decentralized #stablecoin (#CDS). š”We want $USDD to be the new settlement currency of #crypto.https://t.co/2Au2opIMhR ā H.E. Justin Sun š
£šš¬š© (@justinsuntron) June 1, 2022 Significance of the USDD Stablecoin Decentralized stablecoins are difficult to come by. Nonetheless, despite the recent developments, theyāre optimistic about their prospects. After seeing Terraās rise, they got the inspiration to create the USDD stablecoin.Ā Circulating UST volume outstripped all other competitors by double at its zenith. Terra seemed to win the stablecoin war while UST was in danger. Despite the LFGās best attempts, most of USTās collateral assets were LUNA. BTC accounted for below 15% of UST. Over the past 2 weeks, weāve seen the ramifications of these blunders. They built a superior decentralized stablecoin. But they had to consider the issues UST experienced and benefit from them. In contrast to Terra, the TRON blockchain has the worldās greatest trading USDT supply. On-chain, TRON has the most stablecoin supply. Theyāve had tremendous success and acceptance in thei...
