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Tron launches its USDD stablecoin

Hassan Maishera - Cryptowisser
2022-05-06 14:06
The Tron network has officially launched its decentralized stablecoin USDD. Tron’s CEO Justin Sun presented the stablecoin during an event on Thursday and USDD is now available on a few protocols.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.
TRX is down by more than 9% so far today and is trading at $0.07930 at press time.
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