Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: sirty143 on April 22, 2022, 05:12:41 AM

Title: Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
Post by: sirty143 on April 22, 2022, 05:12:41 AM

Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

(https://i.imgur.com/F2MSgMLm.jpg)

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will... See more for yourself here (https://news.bitcoin.com/trons-justin-sun-reveals-decentralized-algorithmic-stablecoin-usdd/).

Your opinion is greatly appreciated.

Title: Re: Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
Post by: Ghozrd on April 23, 2022, 08:04:44 PM

That's great news, I have seen a lot of stablecoins nowadays and yes, Terra is still leading the development of these stable coins with their protocol.
Tron shows good performance by issuing its own Stable coin, this aims to be a payment system that can be used by all users on the Tron network, but I think USDT on the Tron network is enough but I believe USDD has other things for the token they developed according to the article above .

Title: Re: Tron's Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
Post by: Oxumare on April 24, 2022, 06:03:04 PM

In my opinion, stablecoins have now entered a new era.
Showing “$10 billion in highly liquid assets” as collateral support for USDD shows that they are following the path drawn by TERRA.
Good news for the market