USDD Stablecoin. What Is TRON USD and How It Works
USDD (Decentralized USD) is a decentralized algorithmic stablecoin built on the TRON blockchain. Pegged 1:1 to the US Dollar, it aims to provide an open, transparent, and censorship-resistant form of digital money maintained by the TRON DAO Reserve.
With Oobit, you can use USDD to pay anywhere Visa is accepted or instantly convert it to local currency for everyday spending.
USDD is a crypto-collateralized stablecoin backed by a basket of digital assets including TRX, BTC, and USDT, managed by the TRON DAO Reserve. Its peg to the US Dollar is maintained through on-chain mechanisms that automatically balance supply and demand.
USDD was designed to combine the advantages of stable value and full decentralization, operating across TRON, Ethereum, and BNB Chain for multi-network accessibility.
Learn more at usdd.io.
USDD represents the decentralized vision of stable value in Web3. Unlike fiat-backed stablecoins, USDD is maintained algorithmically and governed by the TRON DAO community, offering users financial independence and transparency.
Its stability mechanisms and broad cross-chain integration have positioned USDD as a leading decentralized stablecoin within the TRON ecosystem, supporting millions of transactions daily.
USDD maintains its 1:1 peg to the dollar through collateralized reserves and an arbitrage mechanism that incentivizes minting or burning depending on market price.
When the price of USDD rises above one dollar, users are encouraged to mint more using TRX; when it drops below one dollar, the opposite occurs, contracting supply and stabilizing the value.
This dynamic mechanism, combined with over-collateralization through TRON DAO Reserve assets, keeps USDD stable and transparent.
USDD’s algorithmic design introduces higher volatility compared to fully fiat-backed stablecoins. Market fluctuations or extreme sell-offs can temporarily affect the peg. Regulatory developments in decentralized finance could also influence access or usage.
The TRON DAO Reserve continuously publishes reserve audits and collateral ratios to maintain transparency and user confidence.
TRON DAO Reserve
TRX, BTC, USDT, and other digital assets
Oobit + $USDt for payments in real-life.
BNB Chain is teaming up with Oobit to enable everyday purchases, like buying coffee, with stablecoins, making crypto transactions more practical and affordable.
Just like Apple Pay®, the Oobit app allows you to shop, grab a coffee, then Tap & Pay with $USDt-TON & $TON.
USDD
FAQ
How to Use USDD with Oobit
With Oobit, USDD becomes spendable in real life. You can pay in stores that accept Visa, shop online with Apple Pay or Google Pay, and convert USDD into local currencies through supported payment rails.