Decentralized USD (USDD): A great Stable coin that CEO Justin Sun on Tronlink

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Since the advent of Tron blockchain, Justin Sun have not relented an iota of efforts adding more positive impacts in the blockchain and recently, another impact was male known on his official Twitter page.

In the tweet, J. Sun announced that we should anticipate the launching of a stable coin known as Decentralized USD (USDD) which will be launched on 5 May 2022.

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This unique coin will be available in our Tronlink just like other stable coins such as Tether (USDT). Just as it names imply, USDD will basically operate using the decentralized principles. Furthermore, as holders of TRX will be able to swap their 1 USD worth of TRX at a stable price no matter the volatility of the market. The ratio of 1:1 value with United States Dollar (USD) using an accurate decentralized algorithm operation.

The an organization known as Tron Decentralized Autonomous Oranization (Tron DAO) will be responsible for the operation of the stable coin blockchain with a backing liquidity of $10 billion which the collateral, but Justin Sun have not disclose the coin that the collated will be saved.

This stable coin will also add additional value to Tron blockchain as user of other coins will start using it in order to secure their coin value during a bullish trend.

In less than half a decade of it existence, Tron have witness a significant uptrend in value and reputation. As of today (, 25 April 2022) is ranked number 22. Tron have 766,141 watch list and is taking a quick bullish reversal of - 2.44% which plummet to $0.06389 after hitting an all-time high of $0.06644 in the pass few days.

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Nevertheless, the downward trend should not trigger any form of discouragement as it is applicable to every other coins as recorded on coinmarketcap.

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The addition of USDD to Tronlink is a great development that will add another privilege to mankind’s goals toward Decentralized Financial (DeFi) success.

Dear Tron fans, how do you feel after hearing about this yet to be launch stable coin?

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