The History and Evolution of USDD



USDD was introduced in May 2022 by Justin Sun and the TRON DAO. Initially, it was launched as an algorithmic stablecoin. At the time, algorithmic stablecoins (which rely on complex mint-and-burn mechanics rather than hard assets to maintain their dollar peg) were highly popular in the decentralized finance (DeFi) space.
USDD0.02%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)