TRON Network Will Issue A Stable Cryptocurrency

The TRON network will issue a stable cryptocurrency. The USDD stablecoin has been algorithmically adjusted to remain at a constant value of 1 USD.

Recently, the TRON network has also been participating in the stable currency development trend of different blockchains except USDT. The network, which is currently the TRON USD currency, will now issue an algorithmic stable cryptocurrency called USDD. USDD is now being added to different stable cryptocurrency platforms such as Binance USD, Terra USD, Huobi USD. Developed by TRON DAO, USDD claims to be the most decentralized stable currency. Justin Sun describes it as Stablecoin 3.0. TRON USD currency reached 10 million transactions and 10 billion dollars transaction volume daily. A total of $4 trillion has been transferred to date. USDD will offer a different perspective in the TRON ecosystem with a total value of 55 billion dollars. USDD, which will be tied to the TRX currency, will always remain at 1 USD with algorithms, no matter how fragile the market is. When the USDD value drops below 1 dollar, the user will be able to receive 1 dollar TRX by sending 1 USDD to the system. Or, when it exceeds 1 dollar, it will be able to receive 1 USDD by sending 1 dollar TRX to the system. In other words, there will be an important arbitrage opportunity. The USDD coin will be released on May 5th. BTTC will also be included in Ethereum and BNB networks with cross-platform support. In the first place, it was stated that a liquidity reserve of 10 billion dollars will be created to support the cryptocurrency.