Novice in Learning

Stablecoins are the anchor of the crypto world, connecting volatile on-chain assets with relatively stable real-world values. But how solid is this anchor, and is its anchor chain transparent and visible? In the past, trust was often built on the promises and audit reports of centralized institutions, which at times appeared murky and difficult to penetrate. Today, as algorithmic stablecoins have experienced 'black swan' events, USDD is attempting to reshape this trust in a completely new way—through 'on-chain commitments'—transparently presenting its reserves to the world, just as a ship's waterline and ballast in the hold are fully disclosed, allowing every observer to clearly examine the source of its stability.