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USDD USDD active Crypto Backed USD
Issued by TRON DAO · Launched 2022
Market Cap $1.6B

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.

90-day market cap↑ $1.5B → $1.6B

Key Data

BackingTRX collateral and reserve assets; USDT collateral and Peg Stability Module liquidity; BTC reserve assets
Reserve ReportingProof-of-reserves
RedemptionUSDD 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.
Peg CurrencyUSD
Launched2022

Supported Networks

L1 EVMEthereumBNB ChainBitTorrent Chain
L1 non-EVMTRON

Cross-Chain Supply ($1.5B total)

Tron
$1.2B 81.6%
Ethereum
$260M 17.3%
BSC
$17M 1.1%

Use Cases

Defi CollateralPaymentsSettlement

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.

Recent Activity

Other USD Stablecoins

USDT · $184.2BUSDC · $73.3BUSDS · $11.0BDAI · $4.7BUSD1 · $4.5BUSDe · $3.9B