𝗧𝗛𝗘 𝗥𝗢𝗟𝗘 𝗢𝗙 𝗨𝗦𝗗𝗗 𝗜𝗡 𝗧𝗛𝗘 𝗧𝗥𝗢𝗡 𝗘𝗖𝗢𝗦𝗬𝗦𝗧𝗘𝗠
USDD is a stablecoin used within the broader digital asset ecosystem, including supported applications on TRON.
Stablecoins can provide a unit of account that is intended to remain relatively stable against a reference value. This can make them useful for transfers and other blockchain activities where users prefer not to rely exclusively on a volatile asset for the transaction amount.
However, intended stability should never be confused with a guarantee that the market price will remain fixed under every condition.
𝗪𝗵𝗮𝘁 𝘀𝗵𝗼𝘂𝗹𝗱 𝘂𝘀𝗲𝗿𝘀 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱?
They should examine the asset's design, applicable redemption arrangements, market liquidity, and the risks associated with its underlying mechanisms. They should also verify the correct token and network before transferring or using it in a financial application.
GasFree is designed to support a simpler transfer experience for eligible USDD and USDT transactions on TRON, subject to applicable conditions.
The availability of a transfer feature does not remove the need to evaluate the stablecoin itself.
𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝘂𝘁𝗶𝗹𝗶𝘁𝘆 𝗱𝗲𝗽𝗲𝗻𝗱𝘀 𝗼𝗻 𝗯𝗼𝘁𝗵 𝘁𝗵𝗲 𝗮𝘀𝘀𝗲𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘂𝘀𝗲𝗱 𝘁𝗼 𝗺𝗼𝘃𝗲 𝗶𝘁.
@JUST DAO
@Justin Sun孙宇晨
#TRONEcoStar
USDD is a stablecoin used within the broader digital asset ecosystem, including supported applications on TRON.
Stablecoins can provide a unit of account that is intended to remain relatively stable against a reference value. This can make them useful for transfers and other blockchain activities where users prefer not to rely exclusively on a volatile asset for the transaction amount.
However, intended stability should never be confused with a guarantee that the market price will remain fixed under every condition.
𝗪𝗵𝗮𝘁 𝘀𝗵𝗼𝘂𝗹𝗱 𝘂𝘀𝗲𝗿𝘀 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱?
They should examine the asset's design, applicable redemption arrangements, market liquidity, and the risks associated with its underlying mechanisms. They should also verify the correct token and network before transferring or using it in a financial application.
GasFree is designed to support a simpler transfer experience for eligible USDD and USDT transactions on TRON, subject to applicable conditions.
The availability of a transfer feature does not remove the need to evaluate the stablecoin itself.
𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝘂𝘁𝗶𝗹𝗶𝘁𝘆 𝗱𝗲𝗽𝗲𝗻𝗱𝘀 𝗼𝗻 𝗯𝗼𝘁𝗵 𝘁𝗵𝗲 𝗮𝘀𝘀𝗲𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘂𝘀𝗲𝗱 𝘁𝗼 𝗺𝗼𝘃𝗲 𝗶𝘁.
@JUST DAO
@Justin Sun孙宇晨
#TRONEcoStar