What is USDD? A must-read for beginners

USDD is a decentralized dollar stablecoin that uses an over-collateralization mechanism to maintain price stability, always aiming to peg to 1 dollar.

Unlike centralized stablecoins, USDD does not rely on a single institution to custody funds, but operates through on-chain assets and smart contracts, making it more transparent and secure.

In the DeFi world, stablecoins are one of the most important infrastructures, and USDD is providing a more reliable option for decentralized finance.

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