Justin Sun Talks About Plans on USDD After The Terra Crash

2022.06.01 15:21

Justin Sun Talks About Plans on USDD After The Terra Crash

• Justin Sun talks about lessons learned and plans for Tron’s decentralized stablecoin USDD.
• Sun came up with solutions to help drive utilitarian adoption and is planning to take a more sustainable approach to grow the USDD supply.
• TRON founder aims for USDD to be the new settlement currency of crypto.

On May 31, TRON Founder Justin Sun published a blog post detailing the lessons he learned from the Terra (LUNA) crash. These lessons, according to Sun, will be considered when implementing TRON’s new decentralized stablecoin USDD. The blog post ends with a rough roadmap of USDD’s journey to be crypto’s new settlement currency.

Built on the back of #TRON’s thriving stablecoin ecosystem, #USDD will be over-#collateralized by a combination of stable and volatile assets #decentralized #stablecoin (#CDS).We want $USDD to be the new settlement currency of #crypto.https://t.co/2Au2opIMhR

— H.E. Justin Sun

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