USDD is a decentralized, over-collateralized stablecoin designed to maintain a 1:1 value peg with the US dollar.
Through on-chain mechanisms and a publicly transparent operation method, USDD aims to provide users with a more secure and stable digital asset option.
Unlike traditional models that rely on centralized institutions, USDD emphasizes rule-driven and decentralized design.
Relevant data can be verified on the blockchain, and this transparency helps reduce trust costs and enhance the overall reliability of the system.
In the decentralized finance ecosystem, USDD can be used for value storage, on-chain settlement, and asset interaction between different protocols.
These application scenarios demonstrate the practicality of decentralized stablecoins in the digital economy.
As blockchain technology continues to develop, decentralized dollars like USDD are becoming important tools that connect real-world value with on-chain applications.