What is unique about USDD?
A stability mechanism built on confidence**
Most stablecoins rely on reserves, and many stablecoins depend on trust. However, USDD adopts an over-collateralization model and is supported by a diversified basket of crypto assets.
This means that each USDD is backed by collateral worth more than its issued amount, providing an inherent safety buffer to protect users during market fluctuations.
Key features of USDD:
Pegged to the US dollar at 1:1
Over-collateralized reserves
Transparent on-chain reserve proof monitoring
Decentralized minting and redemption
Designed for high-security applications
USDD does not rely on centralized institutions' 'promises' of stability, but uses mathematics, collateral, and transparency.
The application of USDD in decentralized economies
Empowering the next generation of Web3 application scenarios**
As the blockchain ecosystem matures, stablecoins are no longer just safe-haven assets; they have become effective tools for expanding the actual utility of cryptocurrencies. USDD has been deployed in multiple ecosystems.