The first time I came into contact with USDD was on the Huobi exchange, where a 10% annualized return on liquid wealth management was quite impressive, so I deposited a little bit! After experiencing the de-pegging event of algorithmic stablecoins, I exchanged all my USDD for USDC and USDT wealth management. This time, I saw the activity on the Binance wallet for subscribing to USDT, which offered a reward of 300000 USDD, so I looked up information on USDD again and found that it is no longer an algorithmic stablecoin; it has upgraded to a decentralized, over-collateralized stablecoin, and the asset reserves are publicly transparent on the TRON DAO Reserve website. It is now deployed on the TRON chain, Ethereum, and BNB chain, and the staking rewards are quite good! Actually, as long as stablecoins are stable, I understand and support the issuer using the exchanged fiat currency to buy government bonds or something to earn profits, after all, the issuer needs to make money too. Just don't be like UST and USDE, where today 1 dollar can be exchanged for, and tomorrow you can only get back 0.3 dollars, and everything will be fine. In summary: The fact that USDD can pass Binance's scrutiny means it can be held, and staking wealth management can be done. @USDD - Decentralized USD
