Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD – Bitcoin News

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On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called $USDD.

1.0 era” to decentralized algorithmic stablecoins. The blog post details that the Tron DAO has partnered with “major blockchain players” in order to launch USDD. The blog post further claims USDD will be “the most decentralized stablecoin in human history.”

Tron’s USDD launch follows the exponential climb of a few decentralized stablecoins. First Makerdao’s DAI propelled to the top spot in terms of market capitalization among stablecoin as it offers an over-collateralization method in order to keep its dollar peg. In more recent times, Terra’s UST has surpassed DAI’s market valuation and it also offers an algorithmic reserve method in order to keep its dollar peg. Terra’s UST is now the third-largest stablecoin project, as it commands a $17.

 

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another strange attempt to make an analogue of usdt. why has it become so popular?

I'm not sure how a StableCoin other than USDT is needed. Usd TRC20 is doing pretty well IMO. crypto tron justinsun

Tether will have another competitor. Well, that will be interesting to watch. But I think Tether will remain undefeated

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这个家伙是个吸血鬼

Omg this scam face justin sun dont give cent for this shit coin

Copycat $LUNA Stablecoin, as Tron is a 1:1 Copy of $ETH 🤡

USDT works on tron pretty well but this chain lacks dapps

😂😂😂😂😂

Beware.. Enough is enough. 😑

Keep the ponzi going please.

justinsuntron this is another js scam, first day candle green and puff..

justinsuntron

I hate him

It's unnecessary and with Tron DPOS there's not much decentralisation left either. Besides, the system only works as long as enough people exchange TRX for USDD to compensate for the 30% annual increase in money supply. It is also not really revolutionary.

I though he was already out of Tron?

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justinsuntron Why?

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The best stablecoin is USDT but let's see what's new suggested.

wimbiliewumball musim stablecoin, ntar tko jg bhat nih stablecoin

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