#usdd以稳见信 Recently, when I was browsing Binance Square, I noticed that the topic of USDD was quite popular. Previously, my understanding of stablecoins was limited to USDT and USDC, but later I discovered that USDD follows a different path – "decentralized stablecoin." At first, I thought it was just another gimmick, especially with so many projects out there. However, after looking into its mechanism, I found that it relies on over-collateralization to maintain stability, which is different from the previous algorithmic approaches that could collapse suddenly due to market fluctuations.

To be honest, the main use of stablecoins for us ordinary users is: to save money without wanting to take too much risk, convenient for transfers, and to take a break during market downturns. One aspect of USDD that surprised me is that it emphasizes on-chain transparency, and the collateralization rate can be checked, unlike some stablecoins that claim to be stable but you have no idea whether the underlying assets are actually there. In this highly competitive market, transparency has become a competitive advantage.

Additionally, I noticed a point: many platforms have recently started listing USDD, indicating that its ecosystem is expanding, and at least it’s not just a vaporware project. For us retail investors, having one more stable option and a bit more choice reduces the risk of being "choked" by a single entity. Although I won’t go all in on stablecoins, diversifying a bit also doesn’t hurt.

Overall, USDD is one of the more interesting stablecoin projects I've encountered recently, and the key point is: it’s not just a slogan; it is truly supported by on-chain data. I learned a bit about it while seeing this event. How it performs in the future remains to be seen, but for now, it seems quite reliable. @USDD - Decentralized USD