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USDD

$1.8B market cap

Issued by TRON DAO · reviewed

Market cap
$1.81B +17.76% 7d
30-day trend
USDD market cap trend, last 30 days: +20.1%
Volume / market cap
0.4%
Peg drift, 30 days
0.28%

Market data as of , the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

USDD is a USD-pegged stablecoin associated with the TRON DAO Reserve. Current USDD documentation describes it as an overcollateralized crypto-backed stablecoin with minting and redemption supported through collateralized positions and Peg Stability Module mechanics.

01

Instrument facts

Symbol USDD
Peg USD
Backing Crypto backed
Status Active
Launched 2022
Networks L1 EVM Ethereum, BNB Chain, BitTorrent Chain L1 non EVM TRON
Specifications Backing TRX collateral and reserve assets; USDT collateral and Peg Stability Module liquidity; BTC reserve assets Redemption USDD documentation states that the Peg Stability Module allows users to exchange supported stablecoins such as USDT or USDC for USDD and redeem USDD back into supported stablecoins at a fixed 1:1 rate, with no service fee other than gas costs.
Use cases DeFi collateral, Payments, Settlement
Depeg history Date 2022-11-09 · Low price 0.97 · Cause The FTX/Alameda crisis damaged confidence across crypto markets and USDD liquidity became heavily imbalanced; Justin Sun also speculated that Alameda had sold USDD holdings.
02

Supply by chain

3 chains · $1.8B total
ChainSupply
Tron$1.3B
Ethereum$456M
BSC$21M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

3 chains
ChainAddress
Binance Smart Chain0x45e51bc23d592eb2dba86da3985299f7895d66ba
Ethereum0x4f8e5de400de08b164e7421b3ee387f461becd1a
TronTXDk8mbtRbXeYuMNS83CfKPaYYT8XWv9Hz

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site · Whitepaper

04

Background

Overview

USDD is a USD-pegged stablecoin associated with the TRON DAO Reserve. Current USDD documentation describes it as an overcollateralized crypto-backed stablecoin with minting and redemption supported through collateralized positions and Peg Stability Module mechanics.

Key Features

Reserve Backing

TRX collateral and reserve assets; USDT collateral and Peg Stability Module liquidity; BTC reserve assets.

Supported Networks

Available on Ethereum, BNB Chain, BitTorrent Chain, TRON.

05

Recent activity

06

Frequently asked questions

What is USDD?

USDD is a USD-pegged stablecoin associated with the TRON DAO Reserve. Current USDD documentation describes it as an overcollateralized crypto-backed stablecoin with minting and redemption supported through collateralized positions and Peg Stability Module mechanics.

How is USDD backed?

TRX collateral and reserve assets; USDT collateral and Peg Stability Module liquidity; BTC reserve assets

Which networks carry USDD?

USDD is recorded on 4 networks, including Ethereum, BNB Chain, BitTorrent Chain, TRON.

What is the market capitalization of USDD?

USDD has a market capitalization of $1.8B as of 11 October 2026.

Has USDD ever broken its peg?

The most recent recorded depeg for USDD occurred on 9 November 2022, when its price fell to $0.97.

07

Other US dollar stablecoins

USDT $184.1B · USDC $73.0B · USDS $10.2B · SUSDS $5.0B · USDe $4.8B · DAI $4.6B

Compiled from issuer disclosures, on-chain data and market data. TRON DAO · Methodology