What is USDD (USDD)?
USDD is a decentralized, over-collateralized stablecoin designed to maintain a 1:1 peg with the US dollar. The project focuses on transparency, decentralized governance, and stability within the digital asset ecosystem. USDD is structured to support decentralized finance applications by providing a stable asset for transactions, lending, borrowing, staking, and trading across multiple blockchain networks.
The USDD project operates through a decentralized framework that relies on over-collateralized reserves and on-chain governance. Its infrastructure includes liquidation mechanisms, collateral auctions, and a Peg Stability Module designed to help maintain the token’s peg during periods of market volatility. The protocol also emphasizes transparency by making collateral reserves and transactions publicly verifiable on the blockchain.
USDD is integrated into DeFi ecosystems across TRON, Ethereum, and BNB Chain. The stablecoin is used for payments, trading, yield generation, and liquidity management. The protocol also supports freeze-free transactions, ensuring that users retain control over their assets without centralized intervention. Community governance and on-chain voting mechanisms are used to manage protocol updates and ecosystem decisions.
The project was launched on May 5, 2022, on the TRON blockchain and later expanded to additional blockchain networks. USDD was developed within the TRON ecosystem, which was founded by Justin Sun. In January 2025, the protocol introduced the USDD 2.0 upgrade, which added enhanced risk management features, secure liquidation processes, and dynamic collateral ratio adjustments intended to strengthen peg stability and protocol security.
USDD currently has a circulating supply of 1.49 billion tokens, which is equal to its total supply.
TSD price is updated and available in real time on Binance.