What is USDD

1. Project Introduction
USDD is a stablecoin and digital asset introduced by TRON, launched on May 5, 2022, across TRON, Ethereum, and BNB Chain. As an algorithmic stablecoin, USDD aims to maintain a 1:1 peg with the US dollar, dynamically managing token supply through smart contracts to ensure price stability. Backed by TRON’s robust blockchain technology and user base, USDD provides investors with attractive annual yields.
Summary: USDD is a decentralized algorithmic stablecoin designed to maintain price stability with the US dollar while offering high-yield and reliable digital asset solutions. As the TRON ecosystem continues to evolve, USDD is poised to become the preferred choice for global users.
2. Team & Investment Info
Team:
Developed by TRON and managed directly by TRON DAO.
Led by Justin Sun, founder of TRON, known for building TRON into a blockchain DAO ecosystem in 2017.
Justin is also the CEO of BitTorrent, a member of HTX’s Global Advisory Board, and a former Ambassador of Grenada to the WTO. Recognized by Forbes’ 30 Under 30 Asia and China lists in 2017, he holds a Master’s degree from the University of Pennsylvania.
3. Social Media URLs
X: https://x.com/usddio
Telegram: https://t.me/usddio
Discord: https://discord.com/invite/usdd
Medium: https://medium.com/@usddio
4. Token Info
Token Symbol: USDD
Total Supply: 736,012,207 (non-fixed supply)
Token Type: TRX
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://tronscan.org/#/token20/TXDk8mbtRbXeYuMNS83CfKPaYYT8XWv9Hz
Token Distribution: 100% circulated
5. Related Links
Official Website: https://usdd.io/
White Paper: https://usdd.io/USDD-en.pdf
Other Info: https://tronscan.org/#/contract/TPYmHEhy5n8TCEfYGqW2rPxsghSfzghPDn/code