#USDD $USDD
Decentralized USD (USDD) is a stablecoin designed to provide stable value, pegged to the US dollar at a ratio of 1:1. USDD is issued by TRON DAO Reserve and employs an over-collateralization mechanism to ensure its stability.
*Main Features:*
- *Over-Collateralization*: The collateralization rate of USDD is at least 120%, supported by various cryptocurrency assets, including BTC, TRX, and USDT.
- *Multi-Chain Support*: USDD has been issued on multiple blockchain networks, including TRON, Ethereum, and BNB Chain.
- *Decentralization*: The issuance and management of USDD do not require intervention or approval from any centralized authority.
- *Fast Transactions*: USDD is based on the TRON network, offering fast transaction speeds and robust security ¹.
*How It Works:*
- The issuance of USDD is managed by TRON DAO Reserve, which maintains the stability of USDD through monetary policies such as setting interest rates, open market operations, and window guidance.
- Users can mint USDD by collateralizing TRX or other supported assets.
- USDD can be exchanged 1:1 with other stablecoins through the Peg Stability Module (PSM), ensuring the stability of its value ¹.
*Application Scenarios:*
- USDD can be used in various trading and payment scenarios, including cross-border payments, DeFi applications, etc.
- USDD is supported by multiple centralized and decentralized exchanges, including HTX, Poloniex, and Uniswap, etc. ¹.

