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Tron DAO’s USDD is Now Over-collateralized by Over 200%, A First for Algorithmic Stablecoins

Tron DAO’s USDD is Now Over-collateralized by Over 200%, A First for Algorithmic Stablecoins


Ethereum World News
2022-06-05 14:22:13

Summary: The Tron-based USDD stablecoin is now collateralized by over 200% with a guaranteed minimum collateral ratio of 130%. Such backing in reserves is a first for any algorithmic stablecoin in the crypto-verse. Tron’s Justin Sun has promised to keep strengthening the USDD ecosystem for a decentralized future. The recently launched Tron-based algorithmic stablecoin of USDD is now collateralized by over 200% with a guaranteed minimum ratio of 130%. According to the team at Tron DAO, USDD’s collateral ratio is […]


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