About USDD
USDD is a decentralized stablecoin pegged 1:1 to the U.S. dollar, used in decentralized finance for payments, trading, lending, and liquidity management. It was created by the TRON DAO Reserve under the direction of Justin Sun, the founder of the TRON ecosystem. The token launched on May 5, 2022, on the TRON blockchain and has since expanded to additional chains. Its design relies on over-collateralization and reserve-backed mechanics, with on-chain governance and liquidation controls helping to maintain the peg. USDD functions as a stable medium of exchange and settlement asset rather than as a fee or staking token. Its supply is elastic with no predefined maximum, and recent market data places total supply at approximately 1.5 billion tokens. USDD is intended as a price-stable digital dollar substitute for DeFi activity including trading, lending, borrowing, and liquidity operations.
JUSD Finance becomes Drakewell and introduces SPYdw, a hedged SPY portfolio
New York, United States, 10th November 2026, Chainwire
HTX releases October performance report: spot liquidity significantly enhanced, APY boosts help users through a warm winter
TRON adds $16.1 billion to native stablecoin market cap in a year
TRON's growing stablecoin dominance could attract more liquidity but poses concentration risks due to heavy reliance on USDT.
MetaMask, Trezor, WalletConnect and other industry leaders join ChangeNOW at TOKEN2049
Kingstown, Saint Vincent and the Grenadines, 29th October 2026, Chainwire
TRON processes 1.10 billion transactions in Q3 2026, up 33.7% year over year
TRON's rising stablecoin volume and supply, despite flat transaction growth, highlights its expanding role in digital finance ecosystems.
TRON handles about 73% of stablecoin transaction volume in September 2026
TRON's dominance in stablecoin transactions highlights its growing influence in crypto infrastructure, potentially reshaping financial ecosystems.
A sourced map of USDD's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on USDD and the wider market, hosted by our team, will appear here once episodes are live.