Tron Launches Its USDD Stablecoin

Twitter icon  •  Published 1년 전  •  Hassan Maishera

The Tron network has officially launched its decentralized stablecoin USDD.

The Tron network has officially launched its decentralized stablecoin USDD. Tron’s CEO Justin Sun presented the stablecoin during an event on Thursday and USDD is now available on a few protocols. 

TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.

TRX is down by more than 9% so far today and is trading at $0.07930 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.