On Thursday, TronDAO announced that it had partnered with some major blockchain players to launch USDD (Decentralized USD), a decentralized stablecoin. TronDAO tagged it the most decentralized stablecoin in human history and revealed that it would be issued on May 5, 2022.
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 up more than 6% so far today and is trading at $0.06761 at press time.