USDD — another unstable stablecoin?
4 min readMay 30, 2022
USDD, the decentralized algorithmic stablecoin based on Tron network has been growing since it launched earlier this month.
Its market capitalization currently hovers around $602m and continues to grow steadily despite the bearish market and UST’s crash. Its growth can be mainly attributable to one reason: promising high yields that are higher than Anchor’s.