USDD Stablecoin Overview USDD is an algorithmic stablecoin pegged to the US dollar. It is issued by the TRON Foundation, and Justin Sun claims that this coin combines the best features of all market stablecoins. Tron is seeking to stabilize USDD stablecoin Due to market volatility, the price of the stablecoin fell below the value of one US dollar. The loss of the dollar peg occurred on June 13, when one USDD was valued at $0.95. For days now, the price of the stablecoin has remained below stable. Is it possible for the stablecoin USDD to have the fate of UST? Algorithmic stablecoins are not just in crisis. They are experiencing real testing in “combat conditions” (Too bad that we are living in a time when we have to think for a second whether to put these two words in quotes – ed.). New stablecoin from Justin Sun The success achieved by the Terra blockchain platform after the launch of its own stablecoin UST (Terra USD) has become a trigger for similar solutions from other well-known protocols.
