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Tron’s USDD Stablecoin Surpasses A Total Supply Of $240 Million

Twitter icon  •  Published 3 years ago on May 9, 2022  •  Hassan Maishera

The TronDAO announced via a tweet on Monday that the total supply of its USDD stablecoin has now surpassed $240 million.

Tron’s USDD Stablecoin Surpasses A Total Supply Of $240 Million

The TronDAO announced via a tweet on Monday that the total supply of its USDD stablecoin has now surpassed $240 million. Furthermore, the community has burned more than 3 billion TRX tokens over the past few days. 

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 up by more than 5% so far today and is trading at $0.08459 at press time.

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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.

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