USDD USDD
$0.99557 2.56%
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Updated at 02:47$733,711,566.65
#99
$9,691,708.26 15.61%
+$0.02547 2.56%
+$0.01542 1.55%
What about USDD?
USDD, which stands for “decentralized USD,” ranks among the top 10 stablecoins by market cap. Justin Sun, the creator of the Tron network, developed USDD aspiring to turn it into one of the most useful stablecoins. The USDD portrays itself as an over-collateralized stablecoin backed by a large basket of crypto assets, including BTC and USDC, to preserve its 1:1 peg to the US dollar. In October 2022, USDD became an official legal tender for paying for goods and services in Dominica.
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