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Tron’s Justin Sun Follows in the Footsteps of Terra, Announces USDD Stablecoin Backed by TRX

Tron’s Justin Sun Follows in the Footsteps of Terra, Announces USDD Stablecoin Backed by TRX

Cryptocurrency Summary: Tron’s Justin Sun has announced the launch of an algorithmic stablecoin backed by TRX Known as USDD, the stablecoin will be decentralized Tron’s USDD will be launched on May 5th, 2022, and be available on Ethereum and the Binance Smart Chain Justin Sun’s plans for a stablecoin backed by TRX are similar to Terra’s UST backed by Bitcoin and Avalanche (AVAX) The Founder and former CEO of Tron and now Ambassador and Permanent Representative of Grenada to the WTO, Justin Sun, has announced plans to launch a decentralized algorithmic stablecoin backed by TRX. According to the official announcement […]