#usdd以稳见信 USDD is a decentralized stablecoin based on the TRON blockchain, issued by the TRON DAO Reserve. The following is an analysis of its initial and subsequent development directions:
Start
USDD was initially launched in May 2022, when TRON founder Justin Sun released the earliest version of USDD on TRON to capitalize on the popularity of LUNA and UST. The early USDD adopted an algorithmic stability mechanism, achieving a 1:1 value peg with the US dollar through a combination of algorithms and collateral mechanisms. However, a severe de-pegging occurred in June 2022, followed by several other de-pegging incidents.
Future development direction
• Technical aspect: USDD 2.0 introduces an over-collateralization mechanism, with all USDD backed by assets exceeding 100%. Users can mint USDD by collateralizing assets like TRX and USDT. In September 2025, USDD will be natively deployed on the Ethereum network and has passed a comprehensive security audit by CertiK, with plans to expand to other major public chains such as BNB Chain in the future.
• Economic model aspect: USDD transforms stablecoin into yield-bearing assets through the sUSDD protocol and Smart Allocator. The sUSDD protocol provides users with a decentralized savings system to earn interest, while the Smart Allocator deploys part of the reserve funds into DeFi protocols such as Aave and JustLend, turning idle assets into stable returns and distributing them to USDD stakers.
• Application scenario aspect: With the continuous expansion of the TRON ecosystem, USDD is expected to achieve breakthroughs in areas such as cross-border payments, underlying assets for DeFi, and the metaverse economy, becoming an important bridge connecting traditional finance and Web3.0.
• Market promotion aspect: USDD 2.0 has launched on the top cryptocurrency exchange Kraken, opening USDD/USD and USDD/EUR spot trading pairs. In the future, it plans to deepen cooperation with global exchanges and DeFi platforms to further enhance its market recognition and international influence.@USDD - Decentralized USD
