USDD is a decentralized, over-collateralized stablecoin, targeting a 1:1 peg to the US dollar (USD).
Its design focuses on: 🔒 Higher Stability 🔍 Greater Transparency 🌐 Decentralization 🛡️ Security USDD aims to provide a dollar-denominated asset that combines 'safety, decentralization, and stability' within the cryptocurrency ecosystem.
1. What is USDD? (Core Positioning) USDD (Decentralized USD) is a decentralized stablecoin, with a target price of: 1 USDD ≈ 1 USD It is not a fiat stablecoin issued by a single company (like USDT, USDC), but is maintained through an over-collateralization mechanism of crypto assets.
🔧 1️⃣ Over-collateralized
🔧 2️⃣ Decentralized governance and transparent reserves
3. Comparison between USDD and USDT / USDC Project USDD USDT USDC Type Decentralized Stablecoin Centralized Stablecoin Centralized Stablecoin Pegging Method Over-collateralized crypto assets Fiat + Bonds Fiat + US Treasury Trust Requirement Lower High High Transparency On-chain verifiable Report-based Report-based Regulatory Compliance ❌ Medium ✅ High Historical Stability Medium High Very High
4. Is there a risk of USDD decoupling? (Very Important) ⚠️ The answer is: Yes, and it has happened before 📌 But the biggest difference from UST is: USDD is 'over-collateralized' not solely relying on algorithmic mechanics
5. What can you do with USDD? (Practical Uses) 💰 1️⃣ DeFi Usage
💰 2️⃣ Staking / Yield Source
💰 3️⃣ Exchange Usage (including Binance)
6. Advantages and Disadvantages of USDD (Honest Version) ✅ Advantages Decentralized, not fully reliant on banks
7. Who is suitable to use USDD? ✅ Suitable for: Users familiar with DeFi Willing to take certain risks for returns Those who do not want to fully rely on centralized stablecoins ❌ Not suitable for: Those seeking the 'safest and most stable' Cannot tolerate 1-3% price fluctuations Those treating it as bank savings
8. Summary in one sentence USDD is a decentralized stablecoin leaning towards the DeFi ecosystem, it is not the safest, but more supported than purely algorithmic stablecoins, suitable for those who 'understand risks and can manage proportions'.
Complete all tasks to unlock a share of 400,000 AT token rewards. The top 100 creators on the APRO 30D project leaderboard will share 70% of the reward pool, while all other eligible participants will share 20%. From the start of the event, the top 50 creators in the Square Creator 7D ranking will share 10% of the reward pool.