About USDD (USDD)

USDD is a stablecoin pegged to the US dollar, primarily issued by the Tron DAO Reserve on the Tron network. It aims to maintain its peg through a hybrid mechanism combining crypto collateral with an algorithmic burning and minting process, designed to respond to market demand and supply dynamics.

USDD currently has a price of $1.00, which is 0.0110% away from its peg to USD. It has a market capitalization of $1.11B, which has changed by +12.30% over the past 30 days.

USDD is issued by Tron DAO Reserve. Tron DAO Reserve manages USDD, the decentralized stablecoin on the Tron network.